Stock Market News
Civitas makes £500m investment into social housing
London-listed real estate investment trust Civitas has invested more than £500m into quality properties within the social housing sector across England and Wales since its IPO in November 2016.
Civitas revealed on Monday that it now provides accommodation for nearly 3,000 vulnerable adults across 122 local authorities, in partnership with 12 Registered Providers and 72 care providers.
Michael Wrobel, chairman of Civitas, said, "This landmark is a testament to the hard work of our Manager, Civitas Housing Advisors, our growing reputation in the sector and the strength of the long-term relationships we are building."
Each property is subject to a long-term FRI based lease and was funded through the company's cash resources.
As of 1115 BST, Civitas shares had lost 0.29% to 102.20p.
Civitas revealed on Monday that it now provides accommodation for nearly 3,000 vulnerable adults across 122 local authorities, in partnership with 12 Registered Providers and 72 care providers.
Michael Wrobel, chairman of Civitas, said, "This landmark is a testament to the hard work of our Manager, Civitas Housing Advisors, our growing reputation in the sector and the strength of the long-term relationships we are building."
Each property is subject to a long-term FRI based lease and was funded through the company's cash resources.
As of 1115 BST, Civitas shares had lost 0.29% to 102.20p.
Related share prices |
---|
Civitas Social Housing (CSH) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price