Home Reit Share News (HOME)

Home REIT "will cooperate fully" as FCA starts long-awaited probe

(Alliance News) - Home REIT PLC on Tuesday announced that it is under investigation by the UK Financial Conduct Authority, months after a shareholder first called on the regulator to act.

UK financial watchdog starts probe into Home REIT

(Sharecast News) - Britain's financial watchdog has started a probe into troubled housing investor Home REIT, the company revealed on Tuesday.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Home REIT sells further 103 properties for GBP6.6 million

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.

EXECUTIVE CHANGES: Eco Buildings chair leaves and vice chair ousted

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

IN BRIEF: Home REIT exchanges additional 81 properties in December

Home REIT PLC - London-based real estate firm, which invests in housing for homeless people - Says rent collection including arrears represented 12% of rent invoiced in December. Adds that 81 properties were exchanged for GBP16.4 million in December, with completion expected in January. Also notes it is continuing to undertake a comprehensive review of its property portfolio.

UPDATE: Home REIT shareholders demand compensation for investment loss

(Alliance News) - Shareholders of Home REIT PLC are demanding compensation for losses on their investments, law firm Harcus Parker said Wednesday.

UPDATE: Home REIT shareholders demand compensation for investment loss

(Alliance News) - Shareholders of Home REIT PLC are demanding compensation for losses on their investments, law firm Harcus Parker said Wednesday.

Home REIT portfolio valuation falls despite same number of properties

(Alliance News) - Home REIT PLC on Wednesday reported a decline in its portfolio valuation as the number of properties remained unchanged.

Home REIT sees huge drop in portfolio value after audit

(Sharecast News) - Homeless accommodation group Home REIT said it is "extremely disappointed" with a material reduction in the estimated value of its portfolio after an audit wrote down valuations by nearly 58%, causing a significant number of shareholders to launch a claim against the business.

Home REIT reaches agreement for Eden Safe to surrender leases

(Alliance News) - Home REIT PLC on Tuesday said it reached an agreement with Eden Safe Homes CIC for the latter to surrender leases on properties.

IN BRIEF: Home REIT sells 153 properties for 35% of purchased value

Home REIT PLC - London-based real estate firm, which invests in housing for homeless people - Says it has sold 153 properties, representing 6.5% of its portfolio, for GBP24.3 million at auction. Says completion of the sales is expected within a month. Says the properties sold were in poor condition, mostly vacant and would require significant expenditure to bring them to specification. Says the sale represents around 35% of the price the properties were purchased for. Adds that proceeds will be used to reduced borrowings and provide working capital.

Home Reit sells 14 more properties; October rent collection increases

(Alliance News) - Home REIT PLC on Monday said it has sold a further 14 properties for GBP9.0 million pounds in the month of October.

Home REIT sells further 137 properties for GBP22.8 million

(Alliance News) - Home REIT PLC on Wednesday said it exchanged on the sale of 137 properties worth GBP22.8 million.

Home REIT removes exposure after liquidating tenant surrenders leases

(Alliance News) - Home REIT PLC on Friday said that Redemption Project CIC has agreed to surrender its leases on 146 properties, equating to around 6% of Home REIT's portfolio by number of properties.