Triple Point Social Housing REIT PLC (GB:SOHO) has released an update.
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Fitch Ratings has reaffirmed Triple Point Social Housing REIT’s ‘A-‘ Investment Grade credit rating, despite revising the outlook from stable to negative due to rent arrears and a potential change in investment management. The negative outlook is expected to be resolved following the settlement of arrears and the conclusion of the ongoing review of investment management arrangements. The company focuses on investing in UK social housing assets and is a constituent of the FTSE EPRA/NAREIT index.
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