Home Reit Plc

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Market Closed - London S.E. Other stock markets 02:30:01 2023-01-03 EST			5-day change	1st Jan Change
38.05 ^GBX	-.--%		-.--%	-.--%

05-10	Home REIT sells 5% of property portfolio amid investor fraud case	AN
05-10	Home REIT Sells 76 Properties for GBP15 Million	MT

Home REIT sells further 103 properties for GBP6.6 million

January 24, 2024 at 07:42 am

Home REIT PLC - London-based real estate firm, which invests in housing for homeless people - Exchanges contracts for sales of further 103 properties. Gross proceeds for the sales were GBP6.6 million, representing 1.6% of the company's portfolio by value. Completion is expected in about one month's time. Sale proceeds will be used to reduce borrowings and provide working capital.

Current stock price: 38.05

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Home Reit Plc

Home REIT sells 5% of property portfolio amid investor fraud case	05-10	AN
Home REIT Sells 76 Properties for GBP15 Million	05-10	MT
An unknown buyer acquired 76 properties from Home Reit Plc for £14.6 million.	05-09	CI
Home REIT cuts borrowings, Genflow shares restored	05-08	AN
Embattled Home REIT sells further 65 properties for GBP16 million	04-19	AN
An undisclosed buyer acquired 65 Properties from Home Reit Plc for £15.9 million.	04-18	CI
Home REIT begins legal action against former investment fund manager	04-18	AN
Home REIT Vows Defense Against Allegations of Misleading Investors	04-18	MT
Home Reit plc Announces Appointment of Peter Williams as Senior Independent Non-Executive Director	04-02	CI
EARNINGS AND TRADING: Northamber loss widens; Ethernity contract boost	03-28	AN
Home REIT continues to aim for shares restoration as annual rent falls	03-06	AN
Home REIT sells further GBP5.6 million in properties at cut price	02-15	AN
Home REIT Sells 117 Properties at Auction	02-15	MT
Home REIT "will cooperate fully" as FCA starts long-awaited probe	02-13	AN
UK's FCA starts probe into Home REIT	02-13	RE
Home REIT plc Announces Notification of Investigation by the Financial Conduct Authority	02-13	CI
Home REIT sells further 103 properties for GBP6.6 million	01-24	AN
Home REIT Auctions 103 Properties	01-24	MT
An unknown buyer agreed to acquire Home Reit Plc, 103 properties for £6.6 million.	01-23	CI
EXECUTIVE CHANGES: Eco Buildings chair leaves and vice chair ousted	01-18	AN
Home REIT Names Successor to Outgoing Chair	01-18	MT
UK Stocks-Factors to watch on Jan 18	01-18	RE
UK's Home REIT appoints new chair as board members set to step down	01-18	RE
Home REIT plc Appoints Michael O'Donnell as New Independent Non-Executive Chair	01-18	CI
Home REIT exchanges additional 81 properties in December	01-08	AN

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Company Profile

Home REIT PLC is a United Kingdom-based real estate investment trust (REIT). The Company's investment objective is to target inflation-protected income and capital returns by investing in a diversified portfolio of accommodation for people facing homelessness, let or pre-let to registered charities, housing associations, community interest companies and other regulated organizations that receive housing benefits or comparable funding from local or central government, on very long-term and index-linked leases. It is dedicated to tackling homelessness in the United Kingdom and targets a range of subsectors within homelessness, including women fleeing domestic abuse, people leaving prison, and others. It seeks to only acquire assets let or pre-let to robust tenants on long leases, with index-linked or fixed rental uplifts, in order to provide security of income and low cost of debt. Alvarium Fund Managers (UK) Limited is the Companyâs alternative investment fund manager.

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Residential REITs

Calendar

2024-11-06 - Q4 2024 Earnings Release (Projected)

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Sector Residential REITs

	1st Jan change	Capi.
HOME REIT PLC	-.--%	376M
AVALONBAY COMMUNITIES, INC.	+5.02%	27.96B
EQUITY RESIDENTIAL	+9.48%	25.32B
INVITATION HOMES INC.	+1.82%	21.3B
ESSEX PROPERTY TRUST, INC.	+4.47%	16.63B
MID-AMERICA APARTMENT COMMUNITY, INC.	+0.78%	15.83B
SUN COMMUNITIES, INC.	-12.60%	14.64B
AMERICAN HOMES 4 RENT	-0.31%	13.21B
UDR INC.	+2.21%	12.86B
EQUITY LIFESTYLE PROPERTIES, INC.	-11.68%	11.71B

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Home Reit Plc

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Home REIT sells further 103 properties for GBP6.6 million

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