Well positioned for growth


Triple Point Social Housing REIT (SOHO): Well positioned for growth

05-May-2022 / 07:00 GMT/BST


 

London, UK, 5 May 2022

 

Triple Point Social Housing REIT (SOHO): Well positioned for growth

Triple Point Social Housing REIT (SOHO) delivered a strong performance in FY21 with its portfolio of long lease specialised social housing assets continuing to perform as expected. With predominantly uncapped index-linked rent uplifts and fully fixed borrowing rates it is extremely well positioned in the current inflationary environment, while capital remains available for further accretive acquisitions.

 

FY21 DPS of 5.20p represents a yield of 6.1%, with inflation enhancing the prospects for growth, reflected in our FY22e DPS of 5.52p. Meanwhile the shares trade at a c 21% discount to end-FY21 NAV.


Click here to view the full report or here to sign up to receive research as it is published.

 

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached – across institutions, family offices, wealth managers and retail investors – Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.

Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

Martyn King 44 (0)20 3077 5745 financials@edisongroup.com

Learn more at www.edisongroup.com and connect with Edison on: 

LinkedIn  www.linkedin.com/company/edison-group-/

Twitter   www.twitter.com/Edison_Inv_Res

YouTube  www.youtube.com/edisonitv



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1343861 05-May-2022 

fncls.ssp?fn=show_t_gif&application_id=1343861&application_name=news&site_id=financialexpress
UK 100