Triple Point Social Housing REIT PLC (GB:SOHO) has released an update.
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Triple Point Social Housing REIT has reported a slight decline in its Net Asset Value due to a decrease in the valuation of properties leased to My Space Housing Solutions. Despite this, the company has declared a dividend of 1.365 pence per share, maintaining its target annual dividend for 2024. The company is in the process of transferring properties to new providers and continues to pursue the sale of a property portfolio valued at over £20 million.
For further insights into GB:SOHO stock, check out TipRanks’ Stock Analysis page.