Home Reit tenant surrenders leases on 68 properties
Mansit Housing CIC is tenant on 4% of the trust’s portfolio
Mansit Housing CIC is tenant on 4% of the trust’s portfolio
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The investment trust sector is increasingly willing to take difficult choices to deliver shareholder value
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Lender Scottish Widows revised terms from 5% after Home Reit’s failure to secure refinancing
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Trust had total borrowings of £131.8m at the end of May
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Noble Tree Foundation is a tenant of 143 of the trust’s properties, making up 7% of its rent roll
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Amid takeover interest from NewRiver Reit and Vukile Property Fund Limited
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Lawrence Hutchings steps down after seven years at the Reit
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Board considering options to reduce its ‘material discount’
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Change of investment approach will see the fund invest up to 45% in global Reits
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Disposal comes at a 15% premium to its valuation
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Rent collected in March amounted to 8% of the total rent invoiced to tenants
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Deal with Japanese bank Sumitomo Mitsui increased by £37.5m
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