Home Reit Share News (HOME)

Home REIT debt refinancing talks collapse

(Sharecast News) - Talks to renegotiate Home REIT's £130m debt pile have collapsed, meaning the struggling social housing fund will have to sell more properties to pay back lenders.

Home REIT board to consider "more extensive realisation strategy"

(Alliance News) - Home REIT PLC on Monday said it will seek alternative funding sources after it failed to secure a refinancing of an existing loan.

IN BRIEF: Home REIT notes tenant of properties enters administration

Home REIT PLC - London-based real estate company - Notes that Noble Tree Foundation Ltd, a tenant of 143 properties in its portfolio, enters into administration. Noble Tree, a "non-performing tenant," represents about 7% of rent demanded in April. Home REIT is working with AEW with the appointed administrator CBW Recovery LLP to arrange the surrender of Noble Tree's leases, and a handover of its tenancies. Underlying residents of the properties will not be impacted the by the surrender of the leases, Home REIT notes.

Home Reit tenant Noble Tree enters administration

(Sharecast News) - Troubled real estate investment trust Home Reit said on Tuesday that homelessness charity Noble Tree Foundation - a tenant of 143 properties in its portfolio - has entered into administration.

EARNINGS AND TRADING: First Tin "consolidates" holdings in Taronga

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Home REIT sells 5% of property portfolio amid investor fraud case

(Alliance News) - Home REIT PLC on Friday announced that following a public auction it had exchanged on the sale of 76 properties in its portfolio.

TRADING UPDATES: Home REIT cuts borrowings, Genflow shares restored

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and Wednesday, and not separately reported by Alliance News:

Embattled Home REIT sells further 65 properties for GBP16 million

(Alliance News) - Home REIT PLC said it has sold a further 65 properties for GBP15.9 million.

Home REIT exchanges 65 properties at auction

(Sharecast News) - Home REIT announced the successful exchange of 65 properties on Friday, at a public auction held on 18 April.

Home REIT begins legal action against former investment fund manager

(Alliance News) - Home REIT PLC on Thursday said it plans to bring legal action against its former investment fund manager.

EARNINGS AND TRADING: Northamber loss widens; Ethernity contract boost

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Home REIT continues to aim for shares restoration as annual rent falls

(Alliance News) - Home REIT PLC on Tuesday said it received updated draft valuation reports which it needs as part of the process to restore its shares to trading, as it reported a contraction in valuation and annual contracted rent.

UK shareholder meetings calendar - next 7 days

Home REIT sells further GBP5.6 million in properties at cut price

(Alliance News) - Home REIT PLC on Thursday said it sold a further 117 properties worth GBP5.6 million in gross proceeds, as it scrambled to reduce borrowings and raise working capital while under investigation by the UK Financial Conduct Authority.

Home REIT "will cooperate fully" as FCA starts long-awaited probe

(Alliance News) - Home REIT PLC on Tuesday announced that it is under investigation by the UK Financial Conduct Authority, months after a shareholder first called on the regulator to act.