Business
RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2022
RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2022.
About this update from Social Housing Reit Plc
[{"type":"text","content":"\n \n \n 9 September 2022\n \n \n \n Triple Point Social Housing REIT plc\n \n \n \n (the \"Company\" or, together with its subsidiaries, the \"Group\")\n \n \n \n RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2022\n \n \n \n The Board of Triple Point Social Housing REIT plc (ticker: SOHO) is pleased to announce its unaudited results for the six months ended 30 June 20\n 22\n .\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 1 January 20\n \n \n 22\n \n \n to 30 June 20\n \n \n 22\n \n \n \n \n \n \n 1 January 20\n \n \n 21\n \n \n to 30 June 20\n \n \n 21\n \n \n \n \n \n \n Year ended 31 December 20\n \n \n 21\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n EPRA Net Tangible Assets per share\n \n \n (equal to IFRS\n NAV per share\n )\n \n \n EPRA Net Initial Yield (NIY)\n \n \n Loan to Value\n \n \n \n \n \n \n \n 111.80\n p\n \n \n \n \n \n 5.28%\n \n \n 36.8%\n \n \n \n \n 10\n 6.42\n p\n \n \n \n \n \n 5.21%\n \n \n 31.5%\n \n \n \n \n 108.27p\n \n \n \n \n \n 5.20%\n \n \n 37.6%\n \n \n \n \n \n \n Earnings per share (basic and diluted)\n \n \n - \n IFRS basis\n \n \n - \n EPRA basis\n \n \n \n \n \n \n \n \n \n \n 6.19\n p\n \n \n 1.94\n p\n \n \n \n \n \n \n \n 2.60\n p\n \n \n 2.30\n p\n \n \n \n \n \n \n \n 7.05p\n \n \n 4.82p\n \n \n \n \n \n \n Total annualised rental income\n \n 1\n \n \n \n \n \n £\n 37.4\n m\n \n \n \n \n £\n 33.4\n m\n \n \n \n \n £35.8m\n \n \n \n \n \n \n Portfolio value\n \n \n - \n IFRS basis\n \n \n \n \n \n \n \n £\n 669.6\n m\n \n \n \n \n \n \n \n £\n 596.3\n m\n \n \n \n \n \n \n \n £642.0m\n \n \n \n \n \n \n \n \n \n Weighted average unexpired lease term\n \n \n \n \n \n 25.9\n yrs\n \n \n \n \n 2\n 5.8\n yrs\n \n \n \n \n 26.2 yrs\n \n \n \n \n \n \n Dividend paid or declared per Ordinary Share\n \n \n \n \n 2.73\n p\n \n \n \n \n 2.\n 60\n p\n \n \n \n \n 5.20p\n \n \n \n \n \n \n \n \n Financial highlights\n \n \n \n ·\n EPRA Net Tangible Assets per share (equal to\n IFRS net asset value per share\n )\n of\n 111.80\n pence at 30 June\n 2022\n (31 December\n 2021\n :\n 108.27\n pence).\n \n \n ·\n Portfolio independently v...