Today news
About the same in other media
Home REIT proposes managed wind-down as 'strategy faces considerable challenges'
Reading now: 426
The trust, which is currently under investigation by the Financial Conduct Authority, said in a stock exchange notice today (16 July), that despite seeing «opportunity to add value to the portfolio at a property level, it has concluded that this strategy faces considerable challenges». These headwinds include «a high fixed corporate cost base, required due to the REIT structure» and due to «the issues» being dealt with by the trust at present. Four Home REIT properties uncovered as sophisticated cannabis grow operations As well as a regulatory investigation, some of the aforementio...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Supermarket Income REIT secures £170m debt refinancing investmentweek.co.uk /3 months ago
Could render home not-so-sweet home economictimes.indiatimes.com /3 months ago
Embassy REIT Q1 Results: NOI sees 4% jump, 70% YoY growth on leasing witnesses economictimes.indiatimes.com /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
