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.
Read moreWed, 24th Feb 2016 15:28
(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.
Read more(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.
Read moreHome 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.
Read more(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.
Read more(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:
Read more(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.
Read more(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:
Read more(Alliance News) - Home REIT PLC said it has sold a further 65 properties for GBP15.9 million.
Read more(Sharecast News) - Home REIT announced the successful exchange of 65 properties on Friday, at a public auction held on 18 April.
Read more(Alliance News) - Home REIT PLC on Thursday said it plans to bring legal action against its former investment fund manager.
Read more(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:
Read more(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.
Read moreFriday 23 February | |
Blencowe Resources PLC | AGM |
Bluebird Merchant Ventures Ltd | AGM |
Caledonian Trust PLC | AGM |
Chemring Group PLC | AGM |
Marble Point Loan Financing Ltd | EGM |
Monday 26 February | |
Oncimmune Holdings PLC | AGM |
Tuesday 27 February | |
abrdn Diversified Income & Growth PLC | AGM |
Asian Energy Impact Trust PLC | GM re annual accounts |
Custodian Property Income REIT PLC | GM re merger with abrdn Property Income Trust Ltd |
JPMorgan Mid Cap Investment Trust PLC | GM 2nd re merger with JPMorgan Mid Cap |
LondonMetric Property PLC | GM re merger with LXi REIT Plc |
Victorian Plumbing Group PLC | AGM |
Vinanz Ltd | AGM |
Wednesday 28 February | |
abrdn Property Income Trust Ltd | GM re merger with Custodian Property Income REIT PLC |
Beacon Rise Holdings PLC | EGM re continued pursuit of an acquisition |
Downing Strategic Micro-Cap Investment Trust PLC | GM re managed wind-down |
Image Scan Holdings PLC | AGM |
PPHE Hotel Group Ltd | EGM re waiver of mandatory offer provisions |
Verditek PLC | GM re disposal of solar business |
Thursday 29 February | |
Capital for Colleagues PLC | AGM |
Home REIT PLC | AGM |
IntegraFin Holdings PLC | AGM |
Intuitive Investments Group PLC | AGM |
Shanta Gold Ltd | GM re acquisition by ETC Holdings |
Vast Resources PLC | GM re capital reorganisation |
Watkin Jones PLC | AGM |
Zytronic PLC | AGM |
Comments and questions to newsroom@alliancenews.com | |
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(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.
Read more(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.
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