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Board of Home REIT splash £166m on acquiring 23 portfolios

Home REIT plc, which funds the acquisition and creation of high quality properties across the UK that are dedicated to providing accommodation to homeless people, has deployed £166.4 million of the proceeds raised in the Company’s significantly oversubscribed £350 million equity issue in September 2021. In less than one month following the Initial Issue, the […]

Posted by: Nathan Spencer

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Green light for the 266-home sustainable community outside Cheltenham

Approval has been granted by Cheltenham Borough Council for the creation of 266 new homes at Swindon Farm, Cheltenham. The development, delivered by Persimmon Homes, forms the first phase of the North West Cheltenham Strategic Allocation, defined by the Joint Core Strategy of Tewkesbury, Cheltenham and Gloucester Councils. The consortium of Bloor Homes and Persimmon […]

Posted by: Mya Driver

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Home REIT raises £263m to acquire high-quality resi properties

Further to the announcement of 16 May 2022, the Board of Home REIT, which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing suitable accommodation for homeless people, is pleased to announce that it has raised gross proceeds of approximately £263 million through a significantly oversubscribed Subsequent Placing […]

Posted by: Nathan Spencer

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Home REIT set to deploy further £60m

Home REIT plc, which funds the acquisition and creation of high quality properties across the UK that are dedicated to providing accommodation to homeless people, announces that it has deployed a further £60.2 million of the proceeds raised in the Company’s significantly oversubscribed £350 million equity issue in September 2021 (the “Initial Issue”). £289.1 million […]

Posted by: Nathan Spencer

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Oxley health & wellbeing facility and homes receive planning approval

A major milestone has been reached with City of Wolverhampton Council planning committee granting outline planning approval for construction of a new health & wellbeing facility and neighbouring homes in Oxley. The modern health & wellbeing facility and new homes will sit on the site of the former Oxley Day Training Centre. A feasibility study for […]

Posted by: Mya Driver

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