Home Reit sees £564m wiped from portfolio value after reassessment
‘Very material reduction’ came as a result of external inspections
trusts
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Hipgnosis delays interim results over valuation concerns
Board raised concerns over independent valuer’s appraisal of the trust’s portfolio
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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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Troy to combine income and growth trusts
Troy Income & Growth will merge into the STS Global Income & Growth, subject to shareholder approval
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Kepler: Edinburgh IT’s succession plan ‘one of continuity’ in run-up to de Uphaugh’s retirement
Kepler analysts expect the investment company’s discount to narrow over time
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US Solar Fund shareholders approve new manager and policy changes
Motions were passed with 89.6% of votes in favour
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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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Ediston Property shareholders approve £200m portfolio sale
Board now seeking approval to wind up trust
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Stifel warns income-focused trusts not offering enough yield
Trusts are struggling to keep up with interest rates
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Dividends to be covered 2.3x in 2023 despite slowing profits and record payouts
Total dividends and share buybacks reached a record £2.29trn in 2022
