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An announcement from Home REIT PLC ( (GB:HOME) ) is now available.
Home REIT PLC has revised its investment management agreement with AEW UK Investment Management LLP to align with its managed wind-down strategy. The new fee structure is designed to optimize cost savings and enhance rent recovery as the company progresses with its property sales, ensuring operational expenses are covered by existing cash and rental income.
More about Home REIT PLC
Home REIT PLC operates within the real estate investment trust industry, focusing on providing housing solutions. The company is primarily involved in the acquisition and management of properties aimed at addressing homelessness, with a market focus on social impact investments.
Technical Sentiment Signal: Sell
Current Market Cap: £71.15M
Find detailed analytics on HOME stock on TipRanks’ Stock Analysis page.