Triple Point Social Housing REIT Plc Finalises Acquisition Of 18 Supported Housing Properties

  • Oct 23, 2019 BST
  • Team Kalkine
  • Triple Point Social Housing REIT Plc (SOHO) has finalised the acquisition of eighteen supported housing properties.
  • The properties, which include 77 units in total, for an aggregate commitment of around £11.6 million excluding costs.
  • The company has already entered FRI leases with specialist housing associations in respect of each of the properties acquired for periods ranging between 20 -25 years.
  • On 23rd October 2019, at the time of writing, GMT 08:01 AM, SOHO shares were trading at GBX 91.00, up by 1.20 points or 1.34% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK