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Tenant Update

8 Aug 2024 07:00

RNS Number : 6327Z
Home REIT PLC
08 August 2024
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

 

8 August 2024

Home REIT plc

 

("Home REIT" or the "Company")

 

Tenant Update

The Company announces that One (Housing & Support) CIC, a tenant of 110 properties representing 7% of the Company's portfolio by number of properties as at 31 July 2024, has entered into administration, with Evelyn Partners acting as administrator.

The tenant is non-performing and has agreed to an administration process. Myshon Limited, a specialist intensive housing manager with a specific focus on specialist supported housing, supported housing and affordable housing, will be appointed by the administrator to manage the handover of properties, focused on minimising any potential disruption to underlying occupants and support services, as well as facilitating collection of rent.

The Company and AEW will be working closely with the administrator and Myshon Limited to arrange for the leases to be surrendered to Home REIT and re-let once the handover has completed.

The party responsible for arranging the release of this announcement on behalf of the Company is Apex Group.

 FOR FURTHER INFORMATION, PLEASE CONTACT:

 

FTI Consulting (Communications Adviser)

Dido Laurimore

Eve Kirmatzis

Oliver Harrison

HomeREIT@fticonsulting.com

+44 (0)20 3727 1000 

 

The Company's LEI is: 213800A53AOVH3FCGG44.

 

For more information, please visit the Company's website: www.homereituk.com

 

Inside Information

The information contained within this announcement is deemed by Home REIT to constitute inside information as stipulated under the Market Abuse Regulation (EU) no. 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018). On the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

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Date   Source Headline
23rd Feb 202311:44 amRNSForm 8.3 - Home REIT Plc
23rd Feb 202310:01 amRNSForm 8.3 - Home REIT plc
22nd Feb 20231:33 pmRNSForm 8.3 - HOME REIT PLC
22nd Feb 202312:50 pmRNSForm 8.3 - Home REIT Plc
21st Feb 20233:15 pmRNSForm 8.3 - Home REIT PLC
21st Feb 202312:06 pmRNSForm 8.3 - Home REIT Plc
21st Feb 202310:22 amRNSForm 8.3 - Home REIT PLC
20th Feb 20233:01 pmRNSForm 8.3 - Home REIT PLC
20th Feb 202311:58 amRNSAnnual General Meeting
20th Feb 20239:55 amRNSForm 8.3 - Home REIT PLC
17th Feb 20233:20 pmRNSForm 8.3 - Home Reit Plc
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17th Feb 202312:54 pmRNSForm 8.3 - HOME REIT PLC
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17th Feb 202310:41 amRNSForm 8.3 - Home Reit PLC
17th Feb 202310:02 amBUSForm 8.3 - Home REIT Plc
16th Feb 20234:36 pmRNSResponse to the announcement from Home REIT PLC
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16th Feb 202312:29 pmRNSForm 8.3 - Home REIT PLC
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16th Feb 20237:00 amRNSUpdate, Review of Strategic Options, Possible Sale
27th Jan 20239:00 amRNSNotice of AGM
25th Jan 20237:00 amRNSResponse to media reports
19th Jan 202311:44 amRNSHolding(s) in Company
19th Jan 20237:00 amRNSExternal Property Manager & Company Audit Update
12th Jan 202311:01 amRNSResponse to media reports
4th Jan 20237:00 amRNSStatement re Alvarium Home REIT Advisors Limited
3rd Jan 20232:37 pmRNSHolding(s) in Company
3rd Jan 20237:45 amRNSTEMPORARY SHARE SUSPENSION
28th Dec 202211:47 amRNSHolding(s) in Company
12th Dec 20227:00 amRNSDIVIDEND ANNOUNCEMENT AND FURTHER UPDATE
9th Dec 20223:39 pmRNSHolding(s) in Company
8th Dec 202210:28 amRNSHolding(s) in Company
1st Dec 20224:27 pmRNSHolding(s) in Company
30th Nov 20227:00 amRNSFULL RESPONSE TO SHORT SELLING REPORT
25th Nov 20226:18 pmRNSFULL YEAR RESULTS
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18th Nov 20222:38 pmRNSHolding(s) in Company
11th Nov 202211:47 amRNSHolding(s) in Company
1st Nov 20227:00 amRNSTRADING UPDATE AND NOTICE OF HALF YEAR RESULTS
20th Oct 20226:28 pmRNSHolding(s) in Company
12th Oct 20225:31 pmRNSHolding(s) in Company
6th Oct 20224:19 pmRNSHolding(s) in Company
29th Sep 20222:27 pmRNSHolding(s) in Company

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