Secure Income REIT PLC 19 February 2021 19 February 2021 Secure Income REIT Plc (the "Company" or "SIR") Correction... 01/03/2021 11:05:01 Cookie Policy +44 (0) … ReSI’s retirement portfolio includes properties used to the property manager within the development they manage, with rent ultimately paid by the service charges of all leaseholders in the development, providing a very secure income stream. Company website Geographic breakdown Depending on the nature of the underlying asset classes, geographic breakdowns may not always add up to 100%. Secure Income REIT sells hospital portfolio for £347m – Secure Income REIT has sold a portfolio of eight private hospitals for £347m.. Notwithstanding the name, this vehicle has had a torrid crisis due to its position as a major landlord to, amongst other tenants, Travelodge and Merlin Enter- tainments … The Company is engaged in investing in real estate assets. Its properties consist of healthcare, travelodge and leisure assets. Secure Income REIT pays a 3.2% dividend yield, and has been paying dividends for the past three years. Here he discusses Secure Income’s unique portfolio and the highly predictable long-term returns it will generate. ReSI Capital Management Limited is part of the Gresham House Group. Any information that you receive via FT.com is at best delayed intraday data and not "real time". Completion of GBP196 million Travelodge portfolio acquisition . View recent trades and share price information for Secure Income REIT plc and other shares. The healthcare assets consist of over 19 freehold private hospitals located throughout England let to a subsidiary of Ramsay Health Care Limited. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. The company said it would maintain the current agreements following a recent company voluntary arrangement () process.. Shared Ownership helps a wider range of buyers take their first steps onto the housing ladder by enabling them to purchase a share in a home with a smaller deposit and lower annual payments than would be required under help to buy or an outright purchase. Secure Income Reit was tipped here in January 2018, when we highlighted what was, at that time at least, a defensive portfolio of property holdings. https://www.gov.uk/government/statistical-data-sets/live-tables-on-homelessness. Its portfolio of properties includes Alton Towers theme park, Rivers hospital, Thorpe Park theme park, Heide Park theme park, Springfield hospital, Yorkshire clinic, Duchy hospital, Fitzwilliam hospital, Nightingale hospital, Pinehill hospital, Warwick Castle, Woodlands hospital and West Midlands hospital. The sale of the Ramsay Health Care-let assets to US specialist healthcare REIT Medical Properties Trust will reduce Secure Income REIT’s LTV to 33.5%.. Residential Secure Income REIT | Portfolio. Secure Income REIT Plc, the specialist long term income REIT, will announce its preliminary results for the year ended 31 December 2020 on Thursday, 11 March 2021. Secure Income REIT (SIR), a multi-faceted real estate investor, has announced that it will not operate its break options to terminate Travelodge’s property leases.. … Secure Income REIT Ord SIR Quote Total Returns Price Ratings & Risk Portfolio Portfolio Holdings Portfolio Premium Details Fees & Expenses Tax Filings Sponsor Center Management's focus is on long-term secure income, to deliver the earnings to cover a sustainable growth in dividends. Nick Leslau is the Chairman of Secure Income REIT’s investment advisor, Prestbury Investments, and has long experience in the UK commercial property sector. Secure Income REIT Plc is a United Kingdom-based real estate investment trust (REIT). Many people think that their retirement income plan should entail living off the interest that their investments generate, but this can be difficult in a low-interest-rate environment. Luton take all letting risk, Secured £14m of 3 year debt partially fixed at a coupon of 2.56%. Secure Income REIT Plc is a United Kingdom-based real estate investment trust (REIT). Rents set around market rent levels provide a cost saving to Local Authorities, who are currently reliant on costly pay nightly accommodation and B&Bs (used to house 33% of households in temporary accommodation), as well as minimising downside risk to ReSI if the Local Authority doesn’t renew their lease. 166 new build apartments originally intended for private sale, Located at Metropolitan Thames Valley’s Clapham Park regeneration site and Crest Nicholson’s Totteridge Place Development, Managed by Metropolitan Thames Valley, a recognised market leader in Shared Ownership, Shared Ownership tenants responsible for repairs and maintenance, Homes Investment Partnership with Morgan Sindall announced in January 2019 gives exclusive access to £300m of future Shared Ownership pipeline. Through inflation-linked, long-term leases, Home REIT will have a secure growing income stream. Secure Income REIT Plc, the specialist long term income REIT, will announce its preliminary results for the year ended 31 December 2020 on Thursday, 11 March 2021. ReSI’s retirement portfolio includes properties used to the property manager within the development they manage, with rent ultimately paid by the service charges of all leaseholders in the development, providing a very secure income stream. Add this security to watchlist, portfolio, or create an alert to track market movement. Please sign in or register. Could the short payment history hint at future dividend growth? Secure Income REIT Plc (Ordinary Share) Price-6.23%: ... To create a substantial diversified long term income portfolio providing stable and growing income and capital returns for its shareholders. About Secure Income REIT Plc Secure Income REIT Plc operates as a real estate investment trust. ReSI’s focus is on acquiring properties in areas with the most need for accommodation and strong supply and demand dynamics. The Company owns a portfolio of over 175 assets. ReSI’s rental income is delinked to the economy as tenants pay their rent through pensions, housing benefits etc. Portfolio Secure Income Reit Plc. The Trust specializes in long term, inflation protected, and secure income from real estate investments. Secure Income REIT sticks with Travelodge despite offers for hotel portfolio By David Parsley Fri 23 October 2020 Secure Income REIT (SIR) opted not to exercise its break options to terminate its leases with Travelodge, following the hotel group’s recent company voluntary arrangement (CVA). ReSI’s aim is to become a long-term partner to Local Authorities who have a statutory duty to house those who are homeless or at risk of homelessness. High Return on Capital Employed - the measure of a company growing efficiently and profitably. The sale of the Ramsay Health Care-let assets to US specialist healthcare REIT Medical Properties Trust will reduce Secure Income REIT’s LTV to 33.5%.. Secure Income REIT Plc ("SIR") is a specialist UK REIT, investing in real estate assets that provide long term rental income with inflation protection. For Secure Income Reit, the figure is an eye-catching 10.1%. Secure Income REIT (SIR), a multi-faceted real estate investor, has announced that it will not operate its break options to terminate Travelodge ’s property leases. Secure Income REIT Plc Modern Slavery Act disclosure A UK REIT specialising in generating long term, inflation protected income from real estate investments About Us A 3.2% yield does look good. Company Performance The principal financial outcome that the Board seeks to achieve is attractive growth in shareholder returns. On Friday, Secure Income REIT Plc (SIR:LSE) closed at 353.50, -22.33% below its 52-week high of 455.13, set on Mar 05, 2020. FT is not responsible for any use of content by you outside its scope as stated in the. Secure Income REIT said it would maintain the current agreemenets following a recent company voluntary arrangement. The Board of Secure Income REIT Plc, the specialist long term income REIT, today declares an interim quarterly dividend of 3.65 pence per share in respect of the year ending 31 December 2020. Grocery REIT for passive income. Secure, long-dated and inflation-linked returns from a defensive asset class, with as at 30 June 2019, a NAV per share of 107.9p and annualised earnings per share of 7.7p for the 9 months. Secure Income REIT Plc is a United Kingdom-based real estate investment trust (REIT). London. You must be a registered user to save alerts. The latest Residential Secure Income REIT share price (RESI). Secure Income REIT pays a 3.2% dividend yield, and has been paying dividends for the past three years. The Board of Secure Income REIT Plc (the "Company"), the specialist long term income REIT, is pleased to announce that, following its announcement of 8 September 2016, it has completed the GBP196 million acquisition of a portfolio of 55 Travelodge Hotels. We provide investors with long-dated, secure, inflation-linked income with capital appreciation potential over the longer term. Profile data is unavailable for this security. The Secure Income REIT has an established portfolio that has been let out to high quality tenants on long leases with fixed annual or RPI-linked increases. Shared Owners have the option to staircase (i.e. For Secure Income Reit, the figure is an impressive 75.7%. Secure Income REIT said it would maintain the current agreemenets following a recent company voluntary arrangement. RNS Number: 7312 P Secure Income REIT PLC 19 February 2021. Secure Income REIT is the largest landlord to Travelodge and has been mulling bids for all or part of the portfolio, with the Good Night hotels consortium and Aroundtown understood to … Travelodge hotels represented about 19.6% of the company's portfolio value of £1.96 billion as at 30 June. Data delayed at least 20 minutes, as of Mar 08 2021 13:51 GMT. Secure Income REIT Plc ("SIR") is a specialist UK REIT, investing in real estate assets that provide long term rental income with inflation protection. DEFENSIVE PORTFOLIO BACKED BY SECURE INCOME STREAMS POSITIONED TO MITIGATE NEAR-TERM MARKET VOLATILITY Residential Secure Income plc (“ReSI” or “the Company”) (LSE: RESI), which invests in affordable shared ownership, retirement and local authority housing, today announces its interim results for the six months to 31 March 2020. Progress towards this objective is specifically measured through Total Accounting Return, which represents growth in EPRA NAV per share plus any distributions paid. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. Update on Travelodge portfolio The Board of Secure Income REIT Plc, announces that following a thorough review of potential strategies in relation to the Company's Travelodge portfolio, it has determined not to exercise its break options (which were part of the CVA restructuring) to terminate the tenant's leases in relation to these properties. The Company is engaged in investing in real estate assets. By using our website you agree to our use of cookies in accordance with our cookie policy. The leases of its 123-hotel portfolio would remain on the same terms and conditions, with a short-term reduction in rent. This information is provided by RNS, the news service of the London Stock Exchange. Sector. Date: March 2018 Location: A portfolio of leisure assets across the UK, including the Manchester Arena, and a portfolio of 59 hotels across the UK let to Travelodge. Smith & Williamson Investment Management LLP, Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt). The single most exciting secondary placing was in Secure Income REIT plc (SIR) which occurred in July. Property investor Secure Income REIT (SIR) ticked up 0.2% to 258.2p after it decided not to exercise a break option with regards to its portfolio of Travelodge hotels that would have seen it terminate the leases. The company said it would maintain the current agreements following a recent company voluntary arrangement (CVA) process. to purchase a bigger share in the property at the then market value), driving additional value gain for ReSI. Slate Grocery REIT (TSX:SGR.U) is another excellent asset to consider adding to your portfolio for reliable income. Rental payments are delinked to economy as tenants pay through pensions, housing benefits etc. Website www.secureincomereit.co.uk; Generating long term, inflation protected income from real estate investments Overview. Alex Pilato, Chief Executive of ReSI Capital … Limited. Despite this, the budget hotel will continue to act under the same terms and conditions, with a short-term reduction in rent. Secure Income REIT Plc is a United Kingdom-based real estate investment trust (REIT). The first portfolio compromises leisure assets across the UK with a gross cost of €251.5m (£224m) representing a net initial yield of 5.9% and with a weighted average unexpired lease term of 18.0 years. The Company owns a £1.96 billion portfolio at the 30 June 2020 independent external valuation. NorthWest Healthcare Properties REIT (TSX:NWH.UN) can be an ideal pick to secure lifelong passive income. Residents are able to rent a retirement property through an assured tenancy, providing lifetime security of tenure without the burdens of home ownership, which can expose the resident to significant transaction costs on entry and on departure. About Secure Income REIT Plc. EPRA NAV per share is a measure of the fair value of a property … Location. Shared Owners have 125/150 year leases, paying RPI +0.5% linked rent, similar to a large ground rent as if the Shared Owner defaults on rent payments they void their stake in the property. The option occurred after a CVA took place at Travelodge. Secure Income REIT sells hospital portfolio for £347m – Secure Income REIT has sold a portfolio of eight private hospitals for £347m.. Secure Income REIT Ord SIR Quote Total Returns Price Ratings & Risk Portfolio Portfolio Holdings Portfolio Premium Details Fees & Expenses Tax Filings Sponsor Center Includes properties used to house the property manager within the development they manage, with rent ultimately paid by the service charge of all leaseholders providing a very secure income stream, Local Authority Housing Portfolio at a glance. The Company owns a portfolio of over 175 assets. Diverse income stream from economically insensitive tenants; – shared equity tenants, Local Authorities, Shared Ownership Homes – 166 units - £76m, Helps first time buyers with small deposits onto the housing ladder by enabling them to purchase a 25-75% stake in a property and pay a below market rent on the remaining share, Functions like a large ground rent, so if the Shared Owner defaults on rent payments they void their stake in the property, Local Authority Housing - 289 units - £35m, Leases directly to Local Authorities, who have a statutory duty to house those who are homeless or threatened with homelessness, Rent around market rent minimises downside risk if Local Authority doesn’t renew lease and provide a cost saving to the Local Authority compared to alternatives, Retirement Rental Housing - 2,223 units - £212m. Secure Income REIT decides not to sell Travelodge portfolio News - Friday, October 23, 2020 Retirement Housing Portfolio at a glance. - A 5-year average ROCE of more than 12 percent is a pointer to strong efficiency. Secure Income REIT will not terminate Travelodge’s lease at its 123 sites (which it had the right to do as part of the terms of the hotel chain’s CVA) after running a sales process of the portfolio and attempting to re-let them.. Share price information may be rounded up/down and therefore not entirely accurate. It has predictable costs and revenues that should support a rising stream of dividends. Investment Status. An important characteristic of the portfolio is that assets acquired are “key operating assets”, meaning they are business critical from the tenant’s perspective. Secure Income REIT Ord SIR Quote Total Returns Price Ratings & Risk Portfolio Portfolio Holdings Portfolio Premium Details Fees & Expenses Tax Filings Sponsor Center In that way, rental security is more certain as the site in question forms an essential part of the value of the tenant’s own business. The Company owns a portfolio of over 175 assets. The latest fund information for Secure Income Reit PLC Ord 10P Reg S, including fund prices, fund performance, ratings, analysis, asset allocation, ratios & fund manager information. If a CD is paying just 2% to 3%, you could see your income from that asset drop from $6,000 a year down to $2,000 a year if you had $100,000 invested. Overview Performance Charges & gearing Portfolio Management Structure Data as at: 03/03/2021. Could the short payment history hint at future dividend growth? Its portfolio of properties includes Alton Towers theme park, Rivers hospital, Thorpe Park theme park, Heide Park theme park, Springfield hospital, Yorkshire clinic, Duchy hospital, Fitzwilliam hospital, Nightingale hospital, Pinehill hospital, Warwick Castle, Woodlands hospital and West Midlands hospital. Secure Income REIT has acquired a portfolio of 55 Travelodge hotels spread across the UK for £196.2m. Currency figures normalised to Secure Income REIT Plc's reporting currency: UK Pound GBX, All markets data located on FT.com is subject to the. The Company is engaged in investing in real estate assets. The Company owns a portfolio of over 175 assets. Secure Income REIT sticks with Travelodge despite offers for hotel portfolio By David Parsley 2020-10-23T07:29:00 Secure Income REIT (SIR) opted not to exercise its break options to terminate its leases with Travelodge, following the hotel group’s recent company voluntary arrangement (CVA). Secure Income REIT Plc is a UK REIT specialising in generating long term, inflation protected, secure income from real estate investments. Triple Point Social Housing REIT (SOHO) has grown its portfolio strongly since IPO, bringing a much-needed new supply of supported housing to market and building its base of secure income. Secure Income REIT said it would maintain the current agreemenets following a recent company voluntary arrangement. Secure Income REIT Plc is a United Kingdom-based real estate investment trust (REIT). The Company is engaged in investing in real estate assets. The Property is situated in the suburb of Fulwood approximately 2 miles north east of Preston in north west England. Property investor Secure Income REIT () ticked up 0.2% to 258.2p after it decided not to exercise a break option with regards to its portfolio of Travelodge hotels that would have seen it terminate the leases.. All eyes have been on the healthcare sector since the pandemic struck. The mortgage bank financing Shared Owners has an incentive to pay any rent arrears in order to preserve the value of their security. Fundamentally attractive environment for investing in UK Social Housing. Secure Income REIT Plc . The Company is engaged in investing in real estate assets. Al Mal Capital REIT is a closed ended real estate investment trust (REIT) that invests in a diversified portfolio of income generating real estate assets in the UAE and GCC, based on secure long-term lease agreements with a strong credit profile. Secure Income REIT is the largest landlord to Travelodge and has been mulling bids for all or part of the portfolio, with the Good Night hotels consortium and Aroundtown understood to … A 3.2% yield does look good. We use cookies to give you the best online experience. The latest Secure Income REIT plc share price (SIR). The option occurred after a CVA took place at Travelodge. The latest fund information for Secure Income Reit PLC Ord 10P Reg S, including fund prices, fund performance, ratings, analysis, asset allocation, ratios & fund manager information. Secure Income REIT (SIR) - too good to be true? : I retired a couple of years ago and am looking for an instrument with a reasonable yield that will keep up with CPI (nothing new there) I'm thinking of scaling back on equities (specifically at selling my 10% holding in Jupiter European Income… Secure Income REIT has exchanged contracts for the acquisition of two substantial off-market portfolios at a total cost of €489.5m (£436m). Real Estate Investment. Its portfolio of 133 properties is diversified by both geography and sector, is valued at c £420m, has 98% occupancy and an LTV of just 18%. Residential Secure Income is a UK based REIT, with a £184.5 million portfolio of retirement, shared ownership and local authority housing in Southern England. 1,933 units retirement rental homes in 640 purpose-built retirement housing blocks, 290 licensed rental homes used to house property manager within the development they manage, Over 80% of the portfolio located in Southern England, Managed and maintained by the Places for People Group, Extended lease term on 1,282 properties to 150 years, Secured £97m of 25 year partially amortising fixed rate debt at a coupon of 3.46%, ReSI has successfully assembled a portfolio of. Data as of Mar 08 2021. Retirement Housing provides fit for purpose homes for retired people, allowing them to maintain their independence for longer, whilst offering a remedy to loneliness problems and freeing up family homes for families. Its properties consist of healthcare, travelodge and leisure assets. The leases of its 123-hotel portfolio … Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in supermarket property forming a key part of the future model of UK grocery. View recent trades and share price information for Residential Secure Income REIT and other shares. RNS Number: 3977 J Secure Income REIT PLC 21 December 2020 TR-1: S tandard form for notification of major holdings. The leases of its 123-hotel portfolio … Its investment strategy is designed to satisfy investors' growing requirements for high quality, secure, inflation protected income flows. ReSI provides Local Authorities with a long-term institutional landlord to replace the numerous individual landlords that Local Authorities currently rely upon and removes the difficulties that Local Authorities have with ensuring adequate standards across their rented estates, DSLG  homelessness live table 775 (https://www.gov.uk/government/statistical-data-sets/live-tables-on-homelessness), 289 residential units in five freehold buildings, Leased to Luton Borough Council on 7-9 year lease terms (with Luton option to extend), Over 4,000 homeless people in Luton – one in every 52 people, Managed and maintained by Luton Borough Council and Mears. Name: Travelodge hotels, The Brewery and Manchester Arena Buyer: Property investor Secure Income REIT, headed up by property guru Nick Leslau, has agreed to acquire two portfolios for £436m, […]