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Pin to quick picksHome Reit Share News (HOME)

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IN BRIEF: Home REIT Acquires Properties In England For GBP42 Million

Mon, 16th Nov 2020 14:25

Home REIT PLC - real estate investment trust focused on accommodation to the homeless - Acquire five portfolios of properties for GBP41.6 million in total.

First portfolio comprises two properties in London, the second of 22 properties in the West Midlands, North West, Yorkshire and the Humber. The third portfolio contains nine properties in the North West of England, portfolio four has six properties in Yorkshire and the Humber and portfolio five holds 97 properties across the North East of England.

The properties will provide accommodation to homeless and vulnerable people, including women fleeing domestic violence. In addition, Home REIT has been granted the status of a UK Real Estate Investment Trust.

Current stock price: 102.80 pence

Year-to-date change: up 2.8% since October 12

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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UPDATE: Viceroy Research sees "significant downside" for Home REIT

(Alliance News) - Home REIT PLC on Wednesday responded to a research report about the London-listed real estate investment trust that it described as "inaccurate and misleading".

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23 Nov 2022 13:27

Home REIT

(Sharecast News) - Home REIT responded on Wednesday to a recent report published by a Delaware-based short-selling firm which sent its shares tumbling.

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23 Nov 2022 13:03

Home REIT rejects "inaccurate and misleading" short-selling report

(Alliance News) - Home REIT PLC on Wednesday responded to a research report about the London-listed real estate investment trust that it described as "inaccurate and misleading".

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21 Nov 2022 16:04

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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1 Nov 2022 11:27

Home REIT on target to triple dividend as property portfolio grows

(Alliance News) - Home REIT PLC on Tuesday said it remains on target to a pay a total dividend of 5.5 pence per share for its financial year that ended on August 31.

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1 Nov 2022 08:24

Home REIT collects 100% of rents due through 31 August

(Sharecast News) - Sheltered housing provider Home REIT said on Tuesday that it had collected 100% of rents due on 31 August.

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13 Sep 2022 10:20

Home REIT adds 158 properties to portfolio for GBP57 million

(Alliance News) - Home REIT PLC on Tuesday said it has made further advancements in its acquisition pipeline, adding 711 beds to its portfolio.

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13 Sep 2022 07:41

Home REIT buys 158 properties for £57.4m

(Sharecast News) - Home REIT, which helps to house homeless people, said it had bought 158 properties across England for £57.4m.

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12 Sep 2022 11:42

Supported housing investor Independent Living plots London IPO

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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5 Aug 2022 09:37

IN BRIEF: Home REIT buys additional 199 properties for homeless people

Home REIT PLC - London-based homeless accommodation investor - Buys 199 properties located across England for a total of GBP85.1 million, including acquisition costs. Home REIT says the properties add a further 869 beds for those in need to the portfolio, bringing the total to 10,421. Says these acquisitions were funded by net proceeds raised via the company's oversubscribed GBP263 million equity issue in May this year, and it has now deployed a total of GBP70 million of the proceeds of the placing.

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25 Jul 2022 09:37

IN BRIEF: Home REIT joins FTSE 250 as Vivo Energy departs

Home REIT PLC - London-based homeless accommodation investor - Joins the FTSE 250 index from the FTSE SmallCap Index.

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Home REIT to join FTSE 250 as Vivo Energy departs

(Alliance News) - Vivo Energy PLC will leave the FTSE 250 index, as Home REIT PLC will join the index and be deleted from the FTSE SmallCap Index, FTSE Russell said on Wednesday.

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