Home Reit receives six bids as Bluestar deadline looms
Board expects to progress with an investment adviser appointment in the coming weeks
Board expects to progress with an investment adviser appointment in the coming weeks
As talks with Bluestar remain ongoing
Law firm seeking compensation on behalf of trust’s shareholders
Trust received £3.4m out of expected £14.8m for three months to 30 November 2022
It will be removed from its indexes if shares remain suspended beyond the end of February
One of the trust’s main tenants, Lotus Sanctuary, has not paid since August
Enhanced auditing procedures will go beyond 31 January deadline
Current management will continue to advise Home Reit portfolio under newly-created entity
Property company unable to publish full-year results due to enhanced auditing procedures
Firm has been accused of deviating from original investment philosophy
Trust rejects accusations – but is return-seeking private capital compatible with providing services to the vulnerable?