Ediston Property Investment Company sells entire portfolio in £200m deal
Trust will look to wind down if sale to Realty Income is approved by shareholders
Trust will look to wind down if sale to Realty Income is approved by shareholders
Supportive Homes CIC makes up 11.3% of rent demanded in August
Its three listings are considering alternatives
Trust has intiated a ‘formal and phased’ succession process
The trust has handed over all investment manager duties
Redemption Project CIC made up 11% of the rent demanded by the trust in June
Trust has proposed no longer investing solely in social housing
Darius McDermott of FundCalibre considers some investment trust plays
Beleaguered trust also revealed rent collection had fallen to 13.1%
Investment firm criticised the trust’s board for a lack of engagement in due diligence process
Board expects to progress with an investment adviser appointment in the coming weeks
As talks with Bluestar remain ongoing