Business
Ind. Review of IM Arrangements - Further Update
Ind. Review of IM Arrangements - Further Update.
About this update from Social Housing Reit Plc
[{"type":"text","content":"\n\n \n13 September 2024\n \nTriple Point Social Housing REIT plc\n(the \"Company\" or, together with its subsidiaries, the \"Group\")\n \nINDEPENDENT REVIEW OF INVESTMENT MANAGEMENT ARRANGEMENTS - FURTHER UPDATE\n \nFurther to the announcement on 16 August 2024, the Board of Triple Point Social Housing REIT plc (ticker: SOHO) announces that it continues to make significant progress in respect of the IMA Review but further time is required before it will be able to update the market on a conclusion.\n \nThe Board is mindful of the need to reach a swift conclusion in the interests of all stakeholders but this is balanced with their desire to secure an appropriate, cost-effective agreement for the benefit of the Company and its Shareholders.\n \nA further announcement will be made shortly.\n \nFOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:\n \n\n\n\n\n Triple Point Social Housing REIT plc\n\n\nVia Brunswick Group\n\n\n\n\n Chris Phillips\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Akur Limited (Financial Adviser)\n\n\[email protected] \n\n\n\n\n Siobhan Sergeant\n\n\n\n\n\n\n\n Tom Frost\n\n\n\n\n\n\n\n Anthony Richardson\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Brunswick Group (Financial PR Adviser)\n\n\nTel: 020 7404 5959\n\n\n\n\n Nina Coad\n\n\n\n\n\n\n\n Robin Wrench\n\n\n\n\n\n\n\n Mara James\n\n\n\n\n\n\n\n \nThe Company's LEI is 213800BERVBS2HFTBC58.\n \nFurther information on the Company can be found on its website at www.triplepointreit.com.\n \nNOTES:\n \nThe Company invests in primarily newly developed social housing assets in the UK, with a particular focus on supported housing. The majority of the assets within the portfolio are subject to inflation-linked, long-term, Fully Repairing and Insuring (\"FRI\") leases with Approved Providers (being Housing Associations, Local Authorities or other regulated organisations in receipt of direct payment from local government). The portfolio comprises investments into properties which are already subject to a lease with an Approved Provider, as well as forward funding of pre-let developments but does not include any direct development or speculative development.\n \nThe Company was admitted to trading on the Specialist Fund Segment of the Main Market of...