Walls & Futures REIT - Trading Statement London Stock Exchange
RNS Number : 7293T
Walls & Futures REIT PLC
17 October 2017
 

Walls & Futures REIT plc

 

(Epic:    WAFR)

 

Trading Update

 

 

Walls & Futures REIT plc ("WAFR"), the Real Estate Investment Trust committed to delivering long‑term income and capital growth by investing in residential property across the UK, is pleased to announce that trading in the half year to 30th September 2017 was in line with expectations and included an improved Net Asset Value of 94p per share (31st March 2017 - 90p) an improvement of 4.4% over the period.

 

Joe MacTaggart (Chief Executive) commented:

 

"We have had a busy 6 months and I'm pleased that our first supported housing project is completed and providing high quality accommodation for its residents helping them to live more independent and socially inclusive lives.

 

There is a lot of work to do to address the shortfall of approximately 17,000 supported housing places and we have a strong pipeline of projects and anticipate that we will be announcing half year results in the week beginning 30th October.

 

 

The directors of the issuer accept responsibility for the contents of this announcement

 

For further information please contact:

WALLS & FUTURES REIT plc

 

Joe McTaggart

Chief Executive

0333 700 7171

joe@wallsandfutures.com

 

3rd Floor

111 Buckingham Palace Road

London

SW1W 0SR


 

www.reit.wallsandfutures.com




 

CITY & MERCHANT

 

David Papworth

0207 101 7676

info@cityandmerchant.com

Level 17

Dashwood House,

69 Old Broad Street,

London

EC2M 1QS


 

Note to Editors:

Walls & Futures REIT plc is a Real Estate Investment Trust (REIT) investing in residential property focusing on the social housing sector.

Our customers and strategic partners include local authorities, NHS trusts, housing associations, charities and care providers. WE provide tailored housing solutions that encompass funding, design, project management and development.

Our target is to deliver a long‑term annual net return of 7 - 9% of which 3 - 4% will be paid in the form of a dividend.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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