Triple Point Social Housing Reit (SOHO)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

60.70p
   
  • Change Today:
    -0.70p
  • 52 Week High: 66.50
  • 52 Week Low: 54.90
  • Currency: UK Pounds
  • Shares Issued: 393.47m
  • Volume: 2,701,797
  • Market Cap: £238.83m
  • RiskGrade: 95
  • Beta: 0.34

Triple Point Social Housing buys three supported housing properties

By Ikaba Koyi

Date: Friday 24 Nov 2017

LONDON (ShareCast) - (ShareCast News) - The Board of Triple Point Social Housing has completed the acquisition of three supported housing properties, it emerged on Friday.
The properties, said to be "immediately income generating", were bought for an aggregate purchase price of approximately £7.1m in Leicester, Manchester and Wolverhampton.

The company also entered into new FRI leases, with specialist Housing Associations, Hilldale Housing Association and Chrysalis Supported Association, in respect of each of the properties, two of the 20 years with the ability to extend to 25 years and one of 25 years.

Rents obtained under the leases were reportedly subject to annual, upward only rent reviews, increasing in line with the Consumer Price Index.

The properties are immediately income generating with a net initial yield in line with the Company's investment criteria and returns profile.











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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SOHO Market Data

Currency UK Pounds
Share Price 60.70p
Change Today -0.70p
% Change -1.14 %
52 Week High 66.50
52 Week Low 54.90
Volume 2,701,797
Shares Issued 393.47m
Market Cap £238.83m
Beta 0.34
RiskGrade 95

SOHO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average
Price Trend
5.66% below the market average5.66% below the market average5.66% below the market average5.66% below the market average5.66% below the market average
51.72% above the sector average51.72% above the sector average51.72% above the sector average51.72% above the sector average51.72% above the sector average
Income
23.14% above the market average23.14% above the market average23.14% above the market average23.14% above the market average23.14% above the market average
13.04% above the sector average13.04% above the sector average13.04% above the sector average13.04% above the sector average13.04% above the sector average
Growth
50.3% below the market average50.3% below the market average50.3% below the market average50.3% below the market average50.3% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average

SOHO Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 28-Nov-24 19-Sep-24
Paid 13-Dec-24 04-Oct-24
Amount 1.36p 1.36p

Trades for 21-Nov-2024

Time Volume / Share Price
16:36 249,557 @ 60.70p
17:05 20,000 @ 60.70p
16:27 1,653 @ 60.50p
16:26 161 @ 60.40p
16:26 378 @ 60.40p

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