Exclusive: Home REIT investors push for sweeping tenant clear-out in rescue plan March 17, 2023 Home REIT investors are pushing for a clear-out of its tenant base as part of rescue plans drawn up by the firm vying to become its new investment manager, City A.M. has learned.
Home REIT extends takeover deadline as lawyers accuse firm of trying to ‘bypass accountability’ March 16, 2023 Beleaguered social housing investor Home REIT said it would extend the ‘put-up or shut-up’ deadline for a takeover this morning as discussions with potential suitor Bluestar “remain ongoing”.
A REIT mess: Home REIT execs to be grilled on takeover approach and shoddy housing at AGM February 20, 2023 Beleaguered housing investor Home REIT is set to be grilled by investors today over the state of its finances, its dilapidated property portfolio and the suitability of a recent takeover approach from a firm with links to its former investment advisor. The troubled former FTSE 250 firm is due to face shareholders at its annual [...]
Home REIT receives takeover approach as it confirms rent collapse and ‘wrongdoing’ investigation February 16, 2023 Home REIT revealed it is the subject of a potential takeover bid this morning as it confirmed its rental collection had collapsed and swathes of its property portfolio were in need of refurbishment. In a statement, the troubled social housing investor said it had received an unsolicited approach from London-based investment firm Bluestar regarding a [...]
Home REIT’s former investment adviser plunges on Nasdaq debut January 5, 2023 The investment adviser behind Home REIT plunged after listing on the New York Stock Exchange yesterday despite its move to quietly dump the division responsible for the troubled property firm in recent days.
Confirmed: Home REIT investment adviser distances itself from troubled firm ahead of US listing January 4, 2023 Home REIT’s investment adviser, Alvarium, has sold off the division responsible for managing the property firm’s portfolio in a move that distances itself from the troubled housing provider ahead of a US public listing today. Home REIT, which invests in social housing for people without a fixed address, has been targeted by short sellers over [...]
Bruised Home REIT suspends shares after accusations and delayed accounts January 3, 2023 Beleaguered property investor Home REIT announced it would suspend trading on the London Stock Exchange today after being rocked by a slew of accusations over the quality of its tenants and the sustainability of its business model. The housing firm, which buys up properties and leases them to charities for those without permanent addresses, has [...]
Home REIT and short seller trade barbs as share price tumbles November 30, 2022 Social housing investor Home REIT has hit back at short seller Viceroy Research today after the investor launched an attack on the quality of charity tenants in its portfolio.
Home REIT shares tumble after last-minute account delays November 28, 2022 Shares in social housing investor Home REIT plunged today after the firm delayed the publication of its accounts following an attack by a short seller last week.
Home REIT shares tank after attack from notorious short-seller November 24, 2022 Shares in property investor Home REIT tanked nearly 25 per cent yesterday after it came under siege from notorious short seller Viceroy Research over the quality of tenants in its property portfolio.