Triple Point Social Housing REIT to sell £20m of its properties
Money raised will be used to resume the buyback programme that was paused last year
social housing
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Home REIT: Rent collection to vary ‘month on month’ as legal action progresses
Rent collected in March amounted to 8% of the total rent invoiced to tenants
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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 offloads £24.3m of properties in ‘poor condition’ at 65% loss
153 properties representing 6.5% of its portfolio
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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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Another Home Reit tenant enters liquidation
Supportive Homes CIC makes up 11.3% of rent demanded in August
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Major Home Reit tenant goes bust
Redemption Project CIC made up 11% of the rent demanded by the trust in June
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Home Reit rent collection drops to 7% as board considers change to investment policy
Trust has proposed no longer investing solely in social housing
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Home Reit saga raises doubt over the viability of investing in social housing
The aim of such investments is laudable, but is the risk too high?