- Further scrutiny into tenants confirmed
- Investment manager says 2022 annual report still coming
Suspended homeless accommodation landlord Home Reit's (HOME) charity tenants are all under scrutiny from the government's charities regulator, Investors' Chronicle can reveal. The trust's new investment manager is still working on a return to trading on the London Stock Exchange, even with the business's foundations looking shakier than ever.
The four charity tenants are Big Help Project, Noble Tree, CG Community Council and Dovecot, and Princess Drive Community Association, which account for over a third of Home Reit's rent roll. The rest of the rent roll comes from community interest companies and a social housing provider. The Reit received just 10 per cent of its invoiced rent in January, so its future looks in doubt even if the probes find little.