SOHO Triple Point Social Housing REIT PLC

Triple Point Social Housing REIT (SOHO): Well positioned for growth


Triple Point Social Housing REIT (SOHO): Well positioned for growth

05-May-2022 / 07:00 GMT/BST


 

London, UK, 5 May 2022

 

Triple Point Social Housing REIT (SOHO): Well positioned for growth

Triple Point Social Housing REIT (SOHO) delivered a strong performance in FY21 with its portfolio of long lease specialised social housing assets continuing to perform as expected. With predominantly uncapped index-linked rent uplifts and fully fixed borrowing rates it is extremely well positioned in the current inflationary environment, while capital remains available for further accretive acquisitions.

 

FY21 DPS of 5.20p represents a yield of 6.1%, with inflation enhancing the prospects for growth, reflected in our FY22e DPS of 5.52p. Meanwhile the shares trade at a c 21% discount to end-FY21 NAV.


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The issuer is solely responsible for the content of this announcement.


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Reports on Triple Point Social Housing REIT PLC

Martyn King
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Edison issues update on Triple Point Social Housing REIT (SOHO): Stron...

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Edison Investment Research Limited Edison issues update on Triple Point Social Housing REIT (SOHO): Financial and operational progress 22-March-2024 / 09:37 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 22 March 2024   Edison issues update on Triple Point Social Housing REIT (SOHO): Financial and operational progress Triple Point Social Housing REIT (SOHO) reported a robust FY23 financial performance. Benefiting from inflation-linked rental growth and improving rent collection, DPS is once again covered on a run-rate basis, and w...

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