Rent collection rises at Triple Point as social housing REIT explores £20m portfolio sale June 10, 2024 Rent collection increased to 93.3 per cent at the end of March, up from 90.2 per cent at the end of December.
The first trust in a year just debuted – and it’s aiming for £500m May 29, 2024 The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]
Regional REIT posts steady earnings amid wider uncertainty May 22, 2024 Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.
Warehouse REIT boosts quarterly income 30 per cent with rent hikes April 25, 2024 Warehouse REIT, the real estate investment trust, boosted its rental income for the quarter by over 30 per cent after renegotiating its warehouse rents. In a trading update covering the first three months of 2024, the trust said it had completed 22 transactions, securing £1.4m of contracted rent. The 22 transactions were nine new lettings, [...]
Expect more real estate investment trust mergers as the age of the ‘big box behemoth’ dawns February 18, 2024 News about real estate investment trusts (REITs) merging with each other have rapidly emerged this year, as the sector looks to embrace economies of scale.