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Price: Market Cap.: (Ā£m)

HOME REIT was a UK-based Real Estate Investment Trust (REIT) formerly listed on the London Stock Exchange, established with the social objective of acquiring properties to provide safe and affordable accommodation for vulnerable people experiencing homelessness. The company leased these assets to charities and housing associations.

However, HOME REIT’s operations came under severe scrutiny following allegations of inflated property valuations, tenant solvency issues, and significant governance failures. An independent investigation corroborated many concerns, leading to substantial write-downs in its portfolio value and the suspension of its shares from trading. Facing severe financial and operational challenges, including widespread tenant arrears and a depleted asset base, the company is currently navigating a highly uncertain future, with its long-term viability under question.

Posts: 1675
Topic starter
(@mrmultibagger)
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Joined: 3 years ago

Chat about HOME REIT


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Posts: 1675
Topic starter
(@mrmultibagger)
Member
Joined: 3 years ago

HOME REIT. A very active stock in recent times, but for all the right reasons? What's your current sentiment here? Are you still tracking the RNS releases, or have you made your decision on this one? Keen to hear all views on its future.


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