Abrdn Property Income Trust agrees merger with Custodian Property Income Reit
The enlarged Custodian Property Reit will manage £1bn assets
Reits
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Home Reit chair steps down with rest of the board to follow
Michael O’Donnell named as Lynne Fennah’s successor
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Home Reit collects 12% of invoiced rent in December
Further 98 properties sold at auction for a total £26.5m
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Home Reit shareholders progress compensation claim after portfolio revaluation
Harcus Parker has sent a letter of claim on behalf of over 250 claimants, including institutional shareholders
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Home Reit sees £564m wiped from portfolio value after reassessment
‘Very material reduction’ came as a result of external inspections
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LondonMetric Property and LXI Reit in talks over merger
LondonMetric has until 15 January to firm up its interest in the acquisition
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Picton Property Income merger off after major shareholder rejects deal
Trust’s board was in talks with UK Commercial Property Reit over a potential combination
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Schroders REIT changes objective to be more green as it reports NAV dip
The £466m trust owns 40 properties
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Home REIT offloads £24.3m of properties in ‘poor condition’ at 65% loss
153 properties representing 6.5% of its portfolio
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UK Commercial Property REIT and Picton Property Income in merger talks
Parties working out the terms of a potential all-share deal
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Home REIT sells further 14 properties at 51% loss
Rent collection for October improved to 18% of the amount invoiced
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Regional Reit appoints ARA as investment adviser
Appointment takes immediate effect