We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Home Reit Plc | LSE:HOME | London | Ordinary Share | GB00BJP5HK17 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 38.05 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Investment Trust | 11.76M | 20.93M | 0.0373 | 10.20 | 213.72M |
TIDMHOME
RNS Number : 6346L
Home REIT PLC
07 September 2023
07 September 2023
Home REIT plc
("Home REIT" or the "Company")
Tenant update
The Company announces that Supportive Homes CIC, a tenant of 209 properties in the Company's portfolio representing 11.3% of rent demanded in August 2023, has today entered into creditors' voluntary liquidation, with FRP Advisory Trading Limited appointed as liquidator.
The tenant is non-performing and the creditor's voluntary liquidation unlocks the ability for the Company to re-tenant properties or carry out other asset management initiatives as soon as possible. Furthermore, discussions with other prospective tenants to take on new leases on the properties have already commenced.
It should be noted that whilst discussions with prospective tenants are ongoing, the Company is working with the liquidator to ensure a smooth handover focused on minimising any potential disruption to any underlying occupants and support services in place.
Further updates will be provided in due course.
FOR FURTHER INFORMATION, PLEASE CONTACT:
FTI Consulting (Communications HomeREIT@fticonsulting.com Adviser) +44 (0)20 3727 1000 Dido Laurimore Eve Kirmatzis Ellie Perham-Marchant Oliver Harrison
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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
UPDBIGDCCUGDGXL
(END) Dow Jones Newswires
September 07, 2023 02:00 ET (06:00 GMT)
1 Year Home Reit Chart |
1 Month Home Reit Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions