Triple Point Social Housing REIT Independent Review of IM Arrangements - Update
2024年5月17日 - 9:24PM
RNS Regulatory News
RNS Number : 9558O
Triple Point Social Housing REIT
17 May 2024
17 May 2024
Triple Point Social Housing
REIT plc
(the
"Company" or, together with
its subsidiaries, the "Group")
INDEPENDENT REVIEW OF
INVESTMENT MANAGEMENT ARRANGEMENTS - UPDATE
Further to the 9 May 2024
announcement, the Board announces that it has appointed Akur
Limited to conduct the independent review of investment management
arrangements. As previously announced, this review will
comprise the benchmarking of market
precedents and engagement with other market participants, which
will include inviting proposals from Triple
Point Investment Management LLP as well as potential alternative
investment managers.
The Board will update shareholders
in due course on the outcome of the review process which is
expected to be completed within three months.
FOR FURTHER INFORMATION ON
THE COMPANY, PLEASE CONTACT:
Triple Point Social Housing
REIT plc
|
Via Brunswick
Group
|
Chris
Phillips
|
|
|
|
Akur Limited (Joint Financial
Adviser)
|
ssergeant@akur.co.uk
|
Siobhan
Sergeant
|
|
Tom Frost
|
|
Anthony
Richardson
|
|
|
|
Stifel Nicolaus Europe
Limited (Joint Financial Adviser and Corporate
Broker)
|
Tel: 020 7710
7600
|
Mark Young
|
|
Rajpal Padam
|
|
Madison
Kominski
|
|
|
|
Brunswick Group (Financial PR
Adviser)
|
Tel: 020 7404
5959
|
Nina Coad
|
|
Robin Wrench
|
|
Mara James
|
|
The Company's LEI is
213800BERVBS2HFTBC58.
Further information on the Company
can be found on its website at www.triplepointreit.com.
NOTES:
The 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.
The Company was admitted to trading
on the Specialist Fund Segment of the Main Market of the London
Stock Exchange on 8 August 2017 and was admitted to the premium
segment of the Official List of the Financial Conduct Authority and
migrated to trading on the premium segment of the Main Market on 27
March 2018. The Company operates as a UK Real Estate
Investment Trust ("REIT") and is a constituent of the FTSE
EPRA/NAREIT index.
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