Home REIT PLC (GB:HOME) has released an update.
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Home REIT PLC has released its 2022 Annual Report, highlighting a challenging year with extensive financial and operational difficulties, including a significant loss and a decrease in NAV. The company is now focusing on a Managed Wind-Down strategy to optimize shareholder value, amidst dealing with ongoing litigation and regulatory investigations. Shareholders have been informed of the situation and can participate in an upcoming webcast to discuss the annual report.
For further insights into GB:HOME stock, check out TipRanks’ Stock Analysis page.
