Home Reit Share News (HOME)

Home REIT portfolio valuation falls despite same number of properties

(Alliance News) - Home REIT PLC on Wednesday reported a decline in its portfolio valuation as the number of properties remained unchanged.

Home REIT sees huge drop in portfolio value after audit

(Sharecast News) - Homeless accommodation group Home REIT said it is "extremely disappointed" with a material reduction in the estimated value of its portfolio after an audit wrote down valuations by nearly 58%, causing a significant number of shareholders to launch a claim against the business.

Home REIT reaches agreement for Eden Safe to surrender leases

(Alliance News) - Home REIT PLC on Tuesday said it reached an agreement with Eden Safe Homes CIC for the latter to surrender leases on properties.

IN BRIEF: Home REIT sells 153 properties for 35% of purchased value

Home REIT PLC - London-based real estate firm, which invests in housing for homeless people - Says it has sold 153 properties, representing 6.5% of its portfolio, for GBP24.3 million at auction. Says completion of the sales is expected within a month. Says the properties sold were in poor condition, mostly vacant and would require significant expenditure to bring them to specification. Says the sale represents around 35% of the price the properties were purchased for. Adds that proceeds will be used to reduced borrowings and provide working capital.

Home Reit sells 14 more properties; October rent collection increases

(Alliance News) - Home REIT PLC on Monday said it has sold a further 14 properties for GBP9.0 million pounds in the month of October.

Home REIT sells further 137 properties for GBP22.8 million

(Alliance News) - Home REIT PLC on Wednesday said it exchanged on the sale of 137 properties worth GBP22.8 million.

Home REIT removes exposure after liquidating tenant surrenders leases

(Alliance News) - Home REIT PLC on Friday said that Redemption Project CIC has agreed to surrender its leases on 146 properties, equating to around 6% of Home REIT's portfolio by number of properties.

Troubled Home REIT sees another tenant enter voluntary liquidation

(Alliance News) - Home REIT PLC on Thursday said that Supportive Homes CIC, a tenant of 209 properties in the company's portfolio, has entered into voluntary liquidation.

Home REIT makes progress with tenants and disposals

(Sharecast News) - Home REIT updated the market on its last month of activities on Monday, reporting that its property adviser AEW had completed tenant engagement across its entire portfolio.

Home REIT says reviews ongoing, may publish accounts late this year

(Alliance News) - Home REIT PLC on Monday said its new investment manager is continuing to review all tenants and that property valuations and inspections, required to publish outstanding accounts and restore its shares, are still underway.

Home REIT receives Mears sub-leases on 100 properties from One CIC

(Alliance News) - Home REIT PLC on Wednesday said that One (Housing & Support) CIC has agreed to surrender its leases on 100 properties.

UK shareholder meetings calendar - next 7 days

LONDON BRIEFING: WPP cuts outlook; focus turns to US nonfarms

(Alliance News) - Stocks in London were called higher on Friday, as investors await the latest US jobs report, the main event at the conclusion of a busy week of data and monetary policy decisions.

Troubled Home REIT sells 40 properties for GBP4.8 million

(Alliance News) - Home REIT PLC on Friday said it has exchanged contracts to sell 40 properties for GBP4.8 million.

Two Home REIT tenants enter creditors' voluntary liquidation

(Alliance News) - Home REIT PLC on Wednesday explained that two of its tenants have entered into creditors' voluntary liquidation, allowing it the chance to re-tenant the properties or to carry out other asset management initiatives as soon as possible.