Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An announcement from Home REIT PLC ( (GB:HOME) ) is now available.
Home REIT reported an interim loss before tax of £18.0 million for the six months to 28 February 2026, driven by a £14.6 million fall in investment property values, significant property operating and legal costs, and additional bad debt provisions. Net asset value fell to £143.1 million, with NAV per share dropping 11.2% to 18.10p, or an adjusted 17.61p when accounting for estimated disposal costs, as the company progresses asset sales in its managed wind-down.
By period end, 775 of 850 properties had exchanged for sale, representing 94.5% of portfolio value, with 735 completed, giving directors strong evidence of market pricing as they sell down assets. The board has completed the sale of 706 properties for £123.0 million post period end, is auctioning remaining assets, and is preparing for a solvent members’ voluntary liquidation and eventual delisting, though potential shareholder litigation, an ongoing FCA investigation and associated defence costs are delaying the timing and quantum of capital returns to investors.
More about Home REIT PLC
Home REIT plc is a UK-based real estate investment trust focused on owning and managing a portfolio of residential properties. Its assets have historically been let on long-term leases, and the company has been engaged in a managed wind-down of its portfolio with a view to maximising value for shareholders.
Average Trading Volume: 5,691,805
Technical Sentiment Signal: Sell
Current Market Cap: £77.87M
For a thorough assessment of HOME stock, go to TipRanks’ Stock Analysis page.