#HOME REIT – revisions to investment management arrangement with AEW

#HOME REIT – notes AlTi RE and Alvarium Fund Managers (UK) entering administration after having issued pre-action letters of claim against them, “in contact with the administrators”

#HOME REIT – notes property auction sales, “sufficient proceeds to fully repay the outstanding Scottish Widows loan will be realised upon completion of the outstanding sale properties”

#HOME REIT – July update, expects to publish proposed Managed Wind-Down circular “in the near future”

#HOME REIT – proposed managed wind-down, though shareholders distributions currently constrained by legal and FCA actions

Home REIT – surely it is having its cake and eating it as lawyers letters fly

When the bear raider Fraser Perring exposed Home REIT (HOME) its response was to brief against him and to issue an RNS denying the veracity f what he had claimed. In due course it had to admit that in fact Fraser was correct. Home had thus misled investors in a monstrous way. Never missing a good opportunity for a spot of ambulance chasing, lawyer Harcus Parker is on the case.

#HOME REIT – issued and received pre-action letters of claim, “intends vigorously to defend”

#HOME REIT – agreement for surrender of leases on c.2% of portfolio to it on which rent has has not been paid since October 2022

#HOME REIT – October “rent collection including arrears representing 18% of rent invoiced during the month”, doesn’t anticipate publication of outstanding accounts until “early 2024”

#HOME REIT – Redemption Project CIC agrees to surrender leases on 146 properties and sub-leases update

#HOME REIT – transfer of sub-leases of 100 properties to company, continues to work to find sustainable solutions for another 234 properties

#HOME REIT – exchanged on sale of 40 properties for £4.848m, an average of just 39.4% of purchase prices

#HOME REIT – tenants comprising 12% of rent demanded in June entered into creditors' voluntary liquidations

Vindicated Bears Boatman & Viceroy respond to Home REIT non-admission of a very clear guilt

Fraser Perring of Viceroy Research was the first bear to expose the shenanigans at sheltered housing provider Home REIT (HOME). Natch the former FTSE 250 member said it refuted all Fraser’s allegations. It was equally dismissive of a subsequent critique from Boatman capital. Today a partial fess up, okay the bears were right after all but the board is not to blame. Whatever.

#HOME REIT – forensic accountants report “key findings”, considering its further actions

#HOME REIT – discussions with Bluestar Group “ongoing”, Takeover Panel extension

#HOME REIT – tenants making up 18.2% of annual rent roll have moved into creditors' voluntary liquidation

BREAKING: Fraser Perring of Viceroy threatens defamation proceedings as Home Reit ‘fesses up & considers dodgy sale

It is ouzo time for Fraser Perring of Viceroy and for Boatman Capital. The bears look to be wholly vindicated as Home REIT (HOME) has fessed up to a collapsing business model and has put its rag bag assets up for sale. Indeed it has had one offer but that looks to be related party and shareholders should not expect to get much. This is a scandal and exactly why bear raiders are so needed. Shares in this company were almost 80p when Fraser published his dossier last November. The shares are now suspended at 38p and shareholders will be lucky to get pennies.

#HOME REIT – Nov quarter “only 23% of rent has been collected” & refurbishments required. “Considering all strategic options… including possible sale”

Home REIT – slowly the truth is dragged from it.

Well done City AM. When not promoting shitcoin to your readers on an industrial scale, your paper continues to do a sterling job dragging the truth from Home REIT (HOME). Today yet another fess up is forced from the shysters.