Overview
Residential Secure Income : RESI
Residential Secure Income is invested in residential asset classes that comprise the stock of UK social housing providers (mainly Housing Associations and Local Authorities) in order to provide secure, long-dated, inflation-linked income returns with the potential for capital growth and with low sensitivity to residential house prices. The targeted asset classes comprise Shared Ownership Homes; Market Rental Homes; Functional Homes and Sub-Market Rental Homes throughout the UK.
Residential Secure Income is targeting, on a fully invested and geared basis, an inflation-linked dividend yield of 5 per cent. per annum based on the issue price of 100 pence per ordinary share and a total return in excess of 8 per cent. per annum¹. It is their intention to pay dividends to shareholders on a quarterly basis and in accordance with the REIT Regime.
you can access the company’s website here
Residential Secure Income : RESI
Fundamentals
Price
Research History
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26 Apr 2024 8 min read
QuotedData’s Real Estate Quarterly Review – First Quarter 2024
Real estate quarterly report Desperately seeking a catalyst The real estate investment trust (REIT) and listed property sector seems to have been cut adrift and is desperately seeking a positive macroeconomic outlook on which investors can hang their hat and from which sentiment can grow. The first quarter of 2024 started as 2023 left off […]
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12 Feb 2024 7 min read
QuotedData’s Real Estate Monthly Roundup – February 2024
Real Estate Roundup Kindly sponsored by abrdn Performance data January’s biggest movers in price terms are shown in the charts below. Investors seem to be taking a ‘wait-and-see’ approach to the real estate sector at the start of 2024, as inflation in the UK lags behind other developed economies and anticipated interest rate cuts may […]
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22 Jan 2024 10 min read
QuotedData’s Real Estate Annual Review – 2023
Real Estate Annual Review Kindly sponsored by abrdn Things can only get better The real estate sector endured a tough 2023, with much of the year characterised by falling values amid the high interest rate landscape. Values have since stabilised across sub-sectors. Optimism returned in the final couple of months of the year, on promising […]
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19 Jan 2024 9 min read
QuotedData’s Real Estate Monthly Roundup – January 2024
Real Estate Roundup Kindly sponsored by abrdn Performance data December’s biggest movers in price terms are shown in the charts below. A challenging 2023 for the real estate sector was rounded off on a positive footing, with a median average share price increase of 7.1% across the listed sector in December (down 6.3% in the […]
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17 Nov 2023 11 min read
QuotedData’s Real Estate Monthly Roundup – November 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data October’s biggest movers in price terms are shown in the charts below. October was another difficult month for property companies, with only a handful of positive moves and the median share price across the sector down 4.7%. Although not reflected in the data here, the Bank […]
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13 Oct 2023 12 min read
QuotedData’s Real Estate Monthly Roundup – October 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data September’s biggest movers in price terms are shown in the charts below. Investor sentiment towards property stocks continues to wane, with the median share price of REITs and listed property companies down another 2.4% over the month of September – and 14.8% in the year to […]
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14 Sep 2023 17 min read
QuotedData’s Real Estate Monthly Roundup – September 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data August’s biggest movers in price terms are shown in the charts below. The property sector remains in a state of limbo as investors await signs that interest rates have peaked. The median share price of REITs and listed property companies was down 2.4% over the month […]
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19 Jul 2023 9 min read
QuotedData’s Real Estate Quarterly Review – Second Quarter 2023
Real estate quarterly report Kindly sponsored by abrdn Discounted indiscriminately Stubbornly high inflation in the UK has raised the prospect of higher for longer interest rates, with the base rate hitting 5.0% in the UK dashing any hopes of a recovery in commercial property values for the foreseeable future. This negative outlook was reflected in […]
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14 Jul 2023 12 min read
QuotedData’s Real Estate Monthly Roundup – July 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data June’s biggest movers in price terms are shown in the charts below. Sticky inflation in the UK and the Bank of England’s 0.5% hike in interest rates, which now sit at 5.0%, their highest level in 15 years, saw uncertainty return to the property market. The […]
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13 Jun 2023 15 min read
QuotedData’s Real Estate Monthly Roundup – June 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data May’s biggest movers in price terms are shown in the charts below. The property sector is a hotbed of merger and acquisition (M&A) activity as investors look to take advantage of the unloved sector and wide discounts to net asset values (NAVs). Higher than expected inflation […]
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25 Apr 2023 8 min read
QuotedData’s Real Estate Quarterly Review – First Quarter 2023
Real estate quarterly report Kindly sponsored by abrdn Headwinds mount up The headwinds facing commercial real estate continued to mount up in the first quarter of 2023, reflected in an 8.9% average share price fall across the sector. Already reeling from the impact of higher interest rates on valuations, the collapse of Silicon Valley Bank […]
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09 Mar 2023 15 min read
QuotedData’s Real Estate Monthly Roundup – March 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data February’s biggest movers in price terms are shown in the charts below. It was a mixed month in terms of share price performance for property companies, with a mean average share price fall of 0.3% across the sector. On the positive side, shopping centre behemoth Hammerson […]
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09 Feb 2023 7 min read
QuotedData’s Real Estate Monthly Roundup – February 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data January’s biggest movers in price terms are shown in the charts below. 2023 started positively for the property sector, with a median average share price uplift of 1.3%. A gloomy economic outlook at the end of 2022 saw many property companies’ share prices fall to substantial […]
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24 Jan 2023 10 min read
QuotedData’s Real Estate Annual Review – 2022
Real Estate Annual Review Kindly sponsored by abrdn The year the rug was pulled out 2022 will be remembered as the year that the rug was pulled from under the property sector. Having benefitted from decades of low interest rates, which had fuelled debt-ladened deals and piqued the appetite of global investors looking for more […]
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05 Jan 2023 11 min read
QuotedData’s Real Estate Monthly Roundup – January 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data December’s biggest movers in price terms are shown in the charts below. 2022 ended with another difficult month for property companies as the sector continues to get to grips with the impact of higher interest rates. There were several funds that performed well during December, however. […]
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90 min read
QuotedData’s Economic and Political Monthly Roundup January 2023
Economic and Political Monthly Roundup Investment companies | Monthly | January 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
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03 Nov 2022 8 min read
QuotedData’s Investment Companies Roundup – November 2022
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and abrdn November 2022 Monthly | Investment companies Winners and losers in October 2022 Many equity markets recovered some of the ground lost in September. The swift departure of Liz Truss and her unfunded tax cuts helped the UK stock market and sterling. North America […]
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8 min read
QuotedData’s Real Estate Roundup – November 2022
Real Estate Roundup Kindly sponsored by abrdn Performance data October’s biggest movers in price terms are shown in the charts below. Having priced in a major write-down of portfolio valuations in the real estate sector, especially after interest rate expectations rocketed following the disastrous mini-budget at the end of September, the market seems to have […]
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14 Oct 2022 8 min read
QuotedData’s Real Estate Quarterly Review – Third Quarter 2022
Real estate quarterly report Kindly sponsored by abrdn Choppy waters ahead High interest rates is a killer for real estate, and so the chancellor’s disastrous ‘mini budget’ at the end of September – which spooked gilt markets and saw interest rate forecasts for next year top 6% – had a catastrophic impact on the listed […]
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06 Oct 2022 10 min read
QuotedData’s Real Estate Roundup – October 2022
Real Estate Roundup Kindly sponsored by abrdn Performance data September’s biggest movers in price terms are shown in the charts below. The real estate sector is facing the perfect storm. Fears that interest rate rises will be higher and faster as the Bank of England looks to quell inflation, exacerbated by the chancellor’s disastrous ‘mini […]
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04 Aug 2022 10 min read
QuotedData’s Real Estate Roundup – August 2022
Real Estate Roundup Kindly sponsored by abrdn Performance data July’s biggest movers in price terms are shown in the charts below. Many of the logistics and office focused companies that have suffered in the past few months saw somewhat of a recovery in July, as the substantial discounts that their share prices trade at relative […]
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07 Jul 2022 15 min read
QuotedData’s Real Estate Roundup – July 2022
Real Estate Roundup Kindly sponsored by abrdn Performance data June’s biggest movers in price terms are shown in the charts below. There were only a handful of property companies that saw share price growth in the month of June as interest rate rises and concerns of an impending recession took hold. Top of the list […]
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10 Jun 2022 16 min read
QuotedData’s Real Estate Roundup – June 2022
Real Estate Roundup Kindly sponsored by abrdn Performance data May’s biggest movers in price terms are shown in the charts below. A perpetual theme in the listed property sector over the last few years has been the persistent discount to net asset value that many companies’ share prices have traded on. Some have succumbed to […]
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12 Apr 2022 7 min read
QuotedData’s Real Estate Quarterly Review – First Quarter 2022
Real Estate Quarterly Review Kindly sponsored by Abrdn Value to be found in topsy-turvy market The first three months of 2022 have been full of significant events. Investor caution followed Russia’s invasion of Ukraine and put paid to a London-listed property company with a portfolio of Russian assets (see page 6 for details). The cost-of-living crisis […]
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09 Mar 2022 11 min read
QuotedData’s Real Estate Roundup – March 2022
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data February’s biggest movers in price terms are shown in the charts below. The geopolitical uncertainty caused by the Russian invasion of Ukraine has hit markets hard. On the whole, the property sector suffered losses during February, but there were a few companies that saw […]
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04 Feb 2022 7 min read
QuotedData’s Real Estate Roundup – February 2022
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data January’s biggest movers in price terms are shown in the charts below. Perhaps reflecting optimism around the strength of the economy coming out of COVID restrictions, a shift to value stocks was triggered in January, with property generalists and retail-focused companies the beneficiaries. Hammerson […]
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07 Jan 2022 9 min read
QuotedData’s Real Estate Roundup – January 2022
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data December’s biggest movers in price terms are shown in the charts below. The year of 2021 ended with positive news that the Omicron variant was less serious than first thought, resulting in a lockdown over the Christmas-trading period being avoided. It was Home REIT […]
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08 Nov 2021 8 min read
QuotedData’s Real Estate Roundup – November 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data October’s biggest movers in price terms are shown in the chart below. The best performing real estate funds in October were mainly sector specialists, however, the property generalists had a good month too, led by BMO Real Estate Investments. The company saw its share […]
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09 Sep 2021 9 min read
QuotedData’s Real Estate Roundup – September 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data August’s biggest movers in price terms are shown in the chart below. Traditionally a quiet month, August was anything but for property companies. While takeovers, IPO activity and large investment deals dominated the headlines, Tritax Big Box REIT continued its impressive performance. After reporting […]
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06 Aug 2021 10 min read
QuotedData’s Real Estate Roundup – August 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data July’s biggest movers in price terms are shown in the chart below. It was no surprise that GCP Student Living topped the table for best performing property companies in July after it received a takeover bid 30% above its share price during the month. […]
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22 Jul 2021 1 min read
QuotedData’s Property Webinar Series – Week 3 Playback
On 22nd July 2021, QuotedData hosted the third of 4 Property focused webinars. This webinar was focused on Property and included presentations and Q&As from 3 managers, covering different aspects of property. We would like to thank all of our speakers and attendees for joining us. Click on the links below to watch the presentations – […]
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1 min read
QuotedData’s Property Webinar Series – Week 3 Playback
On 22nd July 2021, QuotedData hosted the third of 4 Property focused webinars. This webinar was focused on Property and included presentations and Q&As from 2 managers, covering different aspects of property. We would like to thank all of our speakers and attendees for joining us. Click on the links below to watch the presentations – […]
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15 Jul 2021 8 min read
QuotedData’s Real Estate Quarterly Review – second quarter 2021
Value hunters boost property The easing of lockdown restrictions throughout the quarter saw property companies stage somewhat of a comeback from the depths of the pandemic, despite ‘freedom day’ being delayed into July. The potential for an economic bounce in the second half of the year is growing and generalist real estate investment trusts (REITs), […]
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09 Jul 2021 10 min read
QuotedData’s Real Estate Roundup – July 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data June’s biggest movers in price terms are shown in the chart below. In a month when Boris Johnson announced the easing of restrictions would be pushed back as COVID cases rose, only a handful of property companies saw share price gains. Topping the list […]
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07 Jun 2021 14 min read
QuotedData’s Real Estate Roundup – June 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data May’s biggest movers in price terms are shown in the chart below. Unsurprisingly, St Modwen Properties saw a big rise in its share price in May having received a cash offer for the business (logistics developments and a housebuilding arm) from Blackstone, valuing it […]
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11 Feb 2021 6 min read
QuotedData’s Real Estate Roundup – February 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data January’s biggest movers in price terms are shown in the chart below. The UK’s vaccination programme has lifted optimism for a speedier opening of the economy than first feared at the start of the year. Property companies that reported positive valuation figures for the […]
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22 Jan 2021 12 min read
QuotedData’s Real Estate Annual Review – 2020
Real Estate Annual Review Kindly sponsored by Aberdeen Standard Investments Riding out the COVID rollercoaster The 2020 rollercoaster saw more downs than ups and at times felt like a pandemic induced freefall. Lockdowns, tiers and plenty of U-turns meant investing in property was not for the faint hearted. Positivity returned at the end of the […]
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14 Jan 2021 9 min read
QuotedData’s Real Estate Roundup – January 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data December’s biggest movers in price terms are shown in the chart below. The boost of coming out of the second national lockdown in early December was short lived as Christmas was cancelled for most of the UK with COVID-19 cases spiking. It did little […]
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01 Dec 2020 3 min read
QuotedData’s ESG Conference – week 2 Social day playback
On the 1st December QuotedData hosted the second of three ESG focused webinars. This Social webinar included presentations and Q&As from 4 investment companies’ managers focused on offering social solutions such as housing for the homeless or those with specialist care requirements. We would like to thank all our speakers and our attendees for joining us. Click below to […]
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13 Aug 2020 9 min read
QuotedData’s Real Estate Monthly Roundup – August 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data July’s biggest movers in price terms are shown in the chart below. A number of REITs and property companies saw big share price gains over the month of July as covid-19 restrictions started to ease across the UK and greater economic stimulus was revealed. […]
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09 Jun 2020 11 min read
QuotedData’s Real Estate Roundup – June 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data May’s biggest movers in price terms are shown in the chart below. Shares in property companies took another turbulent turn during May as the covid-19 pandemic continued to wreak havoc on property assets. The biggest mover in price terms during the month was an […]
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08 Jun 2020 8 min read
QuotedData’s Economic Roundup – June 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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20 Apr 2020 7 min read
QuotedData’s Real Estate Quarterly Roundup – First Quarter 2020
Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments Covid chaos The covid-19 pandemic has had a devastating effect on the share price of property companies, with 31% wiped off the value of their total market capitalisation during the first quarter of 2020. Companies focused on the retail, leisure and hospitality property sectors were […]
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17 Apr 2020 1 min read
QuotedData’s weekly roundup 17 April 2020
James Carthew’s weekly news roundup show for Friday, 17th April, covers a wide range of topics and includes an interview with Tony Dalwood, CEO of Gresham House, which has just taken on the management of Strategic Equity Capital. Listen back here This was our second weekly roundup and the format we evolve over time. If […]
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07 Apr 2020 11 min read
QuotedData’s Real Estate Roundup – April 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data March’s biggest movers in price terms are shown in the chart below. Property stocks took a hammering in March as the covid19 pandemic took hold. The UK was put on lockdown to stop the spread of the coronavirus resulting in the enforced closure of […]
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07 Jun 2019 5 min read
QuotedData’s economic roundup – June 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
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19 Dec 2018 1 min read
QuotedData’s economic roundup – December 2018
QuotedData’s economic roundup – December 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any […]
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12 Oct 2018 1 min read
QuotedData’s Economic round up – October 2018
QuotedData’s Economic round up – October 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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1 min read
QuotedData’s investment companies roundup – October 2018
QuotedData’s investment companies roundup – October 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in September Trian Investors 1 is a new fund that will adopt […]
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15 Aug 2018 1 min read
QuotedData’s Economic round up – August 2018
QuotedData’s Economic round up – August 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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11 Jul 2018 1 min read
QuotedData’s Economic round up – July 2018
QuotedData’s Economic round up – July 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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11 Jun 2018 1 min read
QuotedData’s investment companies roundup – June 2018
QuotedData’s investment companies roundup – June 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of May 2018. Kindly sponsored by Baillie Gifford. The premium of biotech company, Syncona, rose on positive news on two of its […]
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25 Apr 2018 1 min read
Quarterly investment companies roundup – First quarter 2018
Quarterly investment companies roundup – First quarter 2018 Quarterly investment companies roundup – First quarter 2018 – Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly […]
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18 Jan 2018 1 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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11 Dec 2017 2 min read
QuotedData investment companies roundup – December 2017
QuotedData investment companies roundup – December 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2017. Kindly sponsored by Baillie Gifford. December Investment Companies Roundup Money raised and returned in November There were no […]
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19 Oct 2017 1 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
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03 Aug 2017 1 min read
QuotedData investment companies roundup – August 2017
QuotedData investment companies roundup – August 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of July 2017. Kindly sponsored by Baillie Gifford. August Investment Companies Roundup Monthly NAV/Price moves: A couple of themes stand out […]
News
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07 Sep 2026 6 min read
Trust Spot: Dollar “debasement” fuels 20%-34% gains in top mining funds; SpaceX rebound lifts Baillie Gifford trusts
August was a glittering month for mining investment companies as geopolitical turmoil and concerns about the “debasement” of the US dollar saw gold rally 10% while industrial metals continued to enjoy booming demand from the worldwide rollout of artificial intelligence and the transition to clean energy. As a result, four of the five biggest investment […]
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03 Sep 2026 4 min read
REIT Review: Harworth surges on takeover interest, but property shares slip in August
UK-listed property shares gave back some of July’s gains in August, with the average share price falling 2.2%. Only a handful of companies recorded gains, with the median return a more modest 1.3% decline. The headline average is distorted by a number of large corporate actions. Residential Secure Income (RESI) fell 70.5% during the month […]
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14 Aug 2026 1 min read
Morning briefing: Residential Secure Income to return proceeds from retirement living sale via B share scheme, plus SCP and GRIT
Residential Secure Income (RESI) will make its first return of capital following the disposal of its retirement portfolio to Living REIT. The company will return £35.2m to shareholders via its B Share Scheme, equivalent to 19p per ordinary share, with the payment due on 25 August. It will also pay a 1.53p per share property […]
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07 Aug 2026 2 min read
Trust Spot: 3i Group and RIT Capital Partners rally as technology trusts beat a retreat in July
3i Group (III) extended its recovery from May lows with the £29bn private equity backer of Action, the European discount retailer, rallying just over 15% in July, following an 11.6% gain in June. RIT Capital Partners (RCP) benefited from a £300m tender offer that spurred shares in the Rothschild-backed global multi-asset fund 12% higher. Greencoat […]
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09 Jul 2026 2 min read
Morning briefing: SEGRO dismisses Prologis bid as “inadequate” after “encouraging” first half; LondonMetric says due diligence on Picton bid “advancing well”; Polar Capital Holdings assets soar 45% in Q1; Saba lifts SEIT and BRSC stakes; plus LIVE, RESI & Taylor Maritime
SEGRO (SGRO) has reiterated its rejection of last month’s all-share bid approach from Prologis of the US after posting a “significant” first half rise in new rent to £53m from £31m a year ago. Having achieved a 44% uplift on rent reviews, renewals and regears in the UK in the six months to 30 June, chief […]
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03 Jul 2026 2 min read
REIT Review: Bids bring diverging fortunes for UK targets
Real estate share price risers and fallers in June were heavily influenced by M&A announcements, which continue to dominate the listed property landscape following four years that has seen the sector halve in number. Overall, the sector was up 1.5% on average in June and was up 4.5% in the quarter. The war in Iran […]
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17 Jun 2026 2 min read
Residential Secure Income sells retirement home portfolio to Social Housing REIT for £108m
Residential Secure Income (RESI) has made a major advance in its managed wind-down and Social Housing REIT (SOHO) taken a big step in its recovery strategy under Atrato after the former agreed to sell the latter its retirement property portfolio for £108.3m. SOHO will pay RESI £45m in cash and around £62.3m in new shares […]
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08 Jun 2026 3 min read
Trust Spot: US Solar offers upside for “optimists” after bid approach sees it soar 33% to lead May’s top risers
US Solar Fund (USF) took a surprise lead last month, emerging as the investment companies sector’s top riser in May after revealing talks to sell its portfolio to an unidentified buyer. News of the potential sale at a “significant premium” saw shares in the £113m investment trust managed by Amber Infrastructure soar 33% (see table). […]
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20 Feb 2026 2 min read
Morning briefing: Valhalla lifts HGT stake to 7.2%; India Capital proposes five-yearly tender; Segro says logistics “reasserts” its strengths; plus SEC, DGI9, RESI
Valhalla Ventures, the holding company of Preqin founder Mark O’Hare, has lifted its stake in HgCapital (HGT) for a fourth time to 7.2% from 6.4%. The Jersey-based company bought again on Tuesday and now holds almost 33m shares which at almost 439p give him a stake worth around £145m in the £2bn investment trust investing in the private equity […]
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23 Jan 2026 2 min read
Morning briefing: RESI portfolios “under offer”; Invesco Asia Dragon off to a flying start; Baillie Gifford Shin Nippon launches 15% tender offer
Residential Secure Income (RESI), the £106m real estate investment trust that entered a managed wind-down in October 2024, is struggling to sell its assets at the valuation in its books, although both the retirement and shared ownership portfolios are under offer with potential purchasers doing due diligence after a competitive bidding process. In annual results […]
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04 Sep 2025 2 min read
REIT Review: Real estate recovery hamstrung by weak economic outlook
A welcome base rate cut in August did little to prevent another mauling in the real estate sector, with an average 3.7% share price fall over the month. Gilt yields, and the five-year swap rate that is closely followed by the sector, widened on persistent inflation and rising public debt. Consequently, just a handful of […]
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07 Aug 2025 2 min read
Sirius Real Estate shines as REIT valuation gains pierce the economic gloom
A good number of real estate investment trusts made headway in July despite mounting macroeconomic uncertainty weighing on the sector which, after a strong first half of the year, was down 2.6% on average. Best performing real estate shares (%) Sirius Real Estate 6.8 International Workplace Group 6.0 Value & Indexed Property Income Trust […]
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31 Jul 2025 2 min read
QuotedData’s morning briefing 31 July: SEIT, ASLI, HMSO, HSL, SGRO, RESI, PCA, MUT, AGVI, PMGR, OTV2 & TFG
SDCL Efficiency Income sells a small US asset at a big premium, hoping that impresses shareholders given the wide share price discount, but investors in Abrdn European Logistics have to stomach a loss on its disposal of a portfolio in Spain. SDCL Efficiency Income Trust (SEIT) has sold its convertible loan in ON Energy to […]
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18 Jun 2025 2 min read
QuotedData’s morning briefing 18 June 2025 – CGT, AUGM, BBGI, RESI, DLN
In QuotedData’s morning briefing 18 June 2025, Capital Gearing is holding an retail investor presentation, Augmentum Fintech has published additional information for its upcoming capital markets day, BBGI is delisting on 19 June, Residential Secure Income has published interims, and Derwent London has completed a lease extension and expansion. We also have: Stories you may […]
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07 Feb 2025 3 min read
QuotedData’s morning briefing 7 February 2025 – RNEW, RESI, PSDL, RSE, PEY, CYN
In QuotedData’s morning briefing 7 February 2025: Ecofin US Renewables Infrastructure (RNEW) says that its AIFM and investment manager, Ecofin Advisors, LLC (Ecofin), has given it notice to terminate its investment management agreement. RNEW says that the manager and Board will work towards an orderly transition during the 12 month notice period. Residential Secure Income […]
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22 Jan 2025 2 min read
Residential Secure Income progresses with portfolio sale
Residential Secure Income has appointed agents and is preparing to formally launch the sales process for its portfolio of retirement and shared ownership homes, as the wind-down of the company moves forward. Shareholders voted in favour of the realisation strategy in December after the board decided to call it a day due to its modest […]
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01 Nov 2024 1 min read
RESI announces manager shift to Thriving Investments
The board of residential Secure Income (RESI) notes that Gresham House and Thriving Investments have launched a new partnership to create a dedicated shared ownership and affordable housing fund management platform in the UK, as separately announced this morning. This partnership is focused on the management of the private fund Gresham House Residential Secure Income LP. Under […]
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03 Oct 2024 2 min read
Residential Secure Income to wind down
The board of Residential Secure Income is proposing a managed wind-down of the company following a review of options for maximising shareholder value. The company’s persistent and material share price discount to NAV and its small market cap of around £101m (which it said may be a deterrent to some potential investors due to lower […]
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01 Aug 2024 2 min read
QuotedData’s morning briefing 1 August 2024 – IIP, HEIT, RICA, CAL, RESI, PSDL, RCP
In QuotedData’s morning briefing 1 August 2024: Infrastructure India’s (IIP) nominated adviser has resigned. It doesn’t think that it can appoint a replacement. AIM Rule 1 provides it with one month to appoint a replacement nominated adviser. If no replacement nominated adviser is appointed within that timeframe, the admission of the company’s AIM securities will […]
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18 Jun 2024 2 min read
QuotedData’s morning briefing 18 June 2024 – ADIG, SYNC, RESI, DCI, SONG, SEIT
In QuotedData’s morning briefing 18 June 2024: abrdn Diversified Income & Growth (ADIG) has announced details of its planned return of £115m of capital (38p per share) via a B share scheme. The distribution needs to be approved at a meeting that will be held on 3 July 2024. The money should be with shareholders […]
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31 Jan 2024 1 min read
QuotedData’s morning briefing 31 January 2024 – HSL, RESI
In QuotedData’s morning briefing 31 January 2024: Henderson Smaller Companies Investment Trust (HSL) announced its results for the half year ended 30 November 2023. NAV total return fell by 7.7% during the six month period, while the benchmark Numis Smaller Companies ex-Investment Companies Index was almost flat, and the AIC UK Smaller Companies sector average […]
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05 Dec 2023 2 min read
Residential Secure Income reduces dividend target
In line with the wider real estate sector, Residential Secure Income’s annual results were impacted by the higher interest rate environment. EPRA net tangible assets (NTA) was 81.8p per share, delivering a total return of -18.1%. Portfolio value was down 10% on a like-for-like basis with an 80 basis points (0.8%) outwards yield shift, reflecting […]
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03 Aug 2023 2 min read
QuotedData’s morning briefing 3 August 2023 – BBOX, PSDL, RESI
QuotedData’s morning briefing 3 August 2023: Tritax Big Box REIT (BBOX) posted a 1.5% uplift in EPRA net tangible assets (NTA) to 183.02p per share in the six months to 30 June 2023. Its portfolio valuation was stable at £5.05bn, while adjusted earnings were up 5.6% to 3.94p per share. This covered its dividend for […]
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01 Feb 2023 2 min read
QuotedData’s morning briefing 1 February 2023
In QuotedData’s morning briefing 1 February 2023: Macau Property Opportunities (MPO) says its board has agreed to roll the terms of the investment management agreement with Sniper Capital, with effect (retrospectively) from 1 January 2023. Accordingly, a management fee of $100,000 per calendar month for the calendar year 2023 will continue to be payable. Realisation […]
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03 Feb 2022 1 min read
QuotedData’s morning briefing 3 February 2022
In QuotedData’s morning briefing 3 February 2022: Gravis Capital Management plans to launch a new company GCP Co-Living REIT Plc which will acquire three assets that are transferring out of the Co-living Group. Readers may recall that Co-Living Group was a problem investment within the GCP Asset Backed Income (GABI) portfolio. The new REIT has […]
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01 Dec 2021 1 min read
Residential Secure Income posts impressive results
Residential Secure Income, which invests in independent retirement living and shared ownership property, has reported a net asset value (NAV) total return for the year to 30 September of 7.5%. In a positive set of annual results, the group also posted strong income and capital growth. Highlights included: EPRA adjusted earnings up 42%, to £7.1m […]
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29 Jul 2021 1 min read
QuotedData’s morning briefing 29 July 2021
In QuotedData’s morning briefing 29 July 2021: Chrysalis Investments (CHRY) has sold its stake in Embark Group to Scottish Widows, part of Lloyds Banking Group for £390m. Existing shareholders of Embark, including Chrysalis, will retain its Rowanmoor SIPP and SSAS administration business. Chrysalis first invested in Embark in July 2019 and invested further follow-on capital in May 2020. […]
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28 Jan 2021 1 min read
Residential Secure Income lives up to name with 99% rent collection
Residential Secure Income has collected 99% of rent for the quarter, a rate that has been unchanged throughout the pandemic. The group said this demonstrated the secure nature of its cashflows from its affordable shared ownership, retirement and local authority housing portfolio, with rents underpinned by pensions, housing welfare, below market rents and shared owner stakes. […]
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02 Dec 2020 3 min read
Residential Secure Income shows resilience
Residential Secure Income REIT (RESI) has published its annual results for the year ended 30 September 2020 in which it shows resilience in its performance. The announcement provides a summary of the key highlights in a number of areas, and these are reproduced below. Financial highlights – Resilient performance from existing portfolio Robust performance through […]
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27 Nov 2020 3 min read
QD view – positive social impact
Thanks to everyone that tuned into the ‘E’ for environmental day of our ESG conference this week. If you missed it, you can listen back to presentations by the AIC, Bluefield Solar, SDCL Energy Efficiency and Jupiter Green here. Next Tuesday it is the turn of ‘S’ for Social. The line-up for the social day […]
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06 Jul 2020 1 min read
Residential Secure Income secured £300m debt facility
Residential Secure Income (RESI), which invests in affordable shared ownership, retirement and local authority housing, has agreed a new £300m debt facility. The new 45-year facility has been agreed with the Universities Superannuation Scheme (USS), one of the UK’s largest pension schemes. It is drawable against acquisitions over the next three years and represents the first standalone investment grade financing secured in the shared ownership sector. […]
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05 Mar 2020 1 min read
Gresham House buys RESI’s manager
Gresham House buys RESI’s manager – specialist asset manager, Gresham House is buying TradeRisks Limited, which, amongst other things, is the manager of Residential Secure Income REIT. Gresham is paying £7m upfront and up to £4m more subject to the achievement of certain performance targets. TradeRisks has a fund management business and is aslo specialist […]
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13 Feb 2020 1 min read
QuotedData’s other news 13 February 2020
In QuotedData’s other news 13 February 2020 Chenavari Toro says just 3.4% of its shares in issue were tendered in it the latest offer. Holders of 10.6m shares worth €9.1m will be able to cash in their holding in full. Today, the company’s broker will try to find buyers for up to 8.3m of its treasury […]
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31 Jan 2020 2 min read
QuotedData’s other news 31 January 2020
In QuotedData’s other news 31 January 2020 Fidelity Asian Values confirms that with effect from 1 February 2020 its comparative index (performance benchmark) will be the MSCI AC Asia ex Japan Small Cap Index (net) total return (in Sterling terms) PRS REIT’s NAV has slipped a little, from 95.8p at the end of June 2019 […]
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21 Nov 2019 2 min read
Residential Secure Income reports annuals, 18% NAV total return since admission
Residential Secure Income reports annuals, 18% NAV total return since admission – Residential Secure Income (RESI), which invests in affordable shared ownership, retirement and local authority housing, has announced its annual results for the 12 months to 30 September 2019. Financial highlights IFRS NAV total return of 8.0p per share for the period; 3.9%, or £8.7m, uplift […]
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20 May 2019 1 min read
QuotedData’s other news 20 May 2019
John Laing Environmental Assets Group (JLEN) has announced the appointment of Hans Joern Rieks as a non-executive director of the company, commencing 13 June 2019. LXi REIT (LXI), the specialist inflation-protected very long income REIT, has reported annual results for the year ended 31 March 2019. LXI’s leases are typically 20 to 30 years to expiry […]
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2 min read
Residential Secure Income reports interims after busy period of portfolio building
Residential Secure Income reports interims after busy period of portfolio building – Residential Secure Income (RESI), the affordable shared ownership, retirement and local authority housing investor, has announced its interim results covering the six months to 31 March 2019. The portfolio benefits from 96% of rental income being subject to contractual inflation-linked rental uplifts. Financial […]
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01 Apr 2019 2 min read
Residential Secure Income announces £60m investment in London shared ownership project
Residential Secure Income announces £60m investment in London shared ownership project – Residential Secure Income (RESI) has exchanged contracts to acquire 132 new build London apartments for £60mn. Located at Clapham Park, in the borough of Lambeth, the apartments will be converted into affordable shared-ownership units, utilising grant funding from the greater London authority’s homes […]
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22 Jan 2019 2 min read
Residential Secure Income partners with Morgan Sindall
Residential Secure Income partners with Morgan Sindall – Residential Secure Income’s manager has entered into a new Housing Investment Partnership (HIP) agreement with Morgan Sindall Investments Limited. The agreement aims to increase the supply of shared ownership homes, enabling more first time buyers in the UK to establish themselves on the housing ladder. The agreement creates […]
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23 Nov 2018 2 min read
ReSI outperforms its expectations
ReSI outperforms its expectations- Residential Secure Income plc (“ReSI”) (RESI) outperforms its expectations for the year since its IPO in July 2017. The NAV total return for the year was 9.5% which exceeded the 8%+ target set at IPO. This was driven by 7.0% uplift in portfolio valuation to £225.2 million compared to their acquisition […]
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26 Oct 2018 1 min read
Residential Secure Income buys shared ownership portfolio
Residential Secure Income buys shared ownership portfolio – Residential Secure Income has exchanged contracts to acquire 34 new build homes located in the London Borough of Barnet, which it intends, using government grant funding, to convert into shared ownership homes. It says that it has plans to make similar deals in future, making use of government grant […]
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11 Sep 2018 2 min read
Residential Secure Income invests in retirement homes portfolio
Residential Secure Income invests in retirement homes portfolio – Residential Secure Income (ReSI), which is a REIT that invests in residential asset classes that comprise the stock of UK social housing providers, has announced that it has exchanged contracts to acquire a 478 property retirement homes portfolio. The seller is Places for People, an housing associations. The transaction The consideration is […]
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16 Jul 2018 1 min read
Residential Secure Income buys flats in Luton
Residential Secure Income buys flats in Luton – Residential Secure Income has announced the acquisition of four freehold residential buildings in Luton for a total consideration of GBP13.0 million. The buildings benefit from a 9.2 year lease to the local authority (with an option for the local authority to extend by 10 years) and are used to provide […]
In The Press
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30 Jun 2026 1 min read
Investment trust insider on TR Property
James Carthew: TR Property is primed for a real estate rebound Marcus Phayre-Mudge has been busy preparing the £976m property trust for an eventual recovery in the unloved sector. When Prologis’s bid for SEGRO (SGRO) was announced on the same day Schroder European Real Estate (SERE) proposed to wind down last week, my first thought […]
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13 Mar 2023 1 min read
Should you be concerned about your investment trust’s debt as interest rates rise? Why gearing can be a blessing and a curse for investors
By MIKE SHEEN FOR THIS IS MONEY, 10 March 2023: The rising cost of borrowing could leave some buyers of investment trusts nursing heavy losses and a sharp fall in income. Investment trusts’ use of borrowing – known as gearing – is designed to supercharge returns and income when a vehicle’s strategy pays off, but […]
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28 Jul 2021 1 min read
The five investment trust premiums and discounts that have risen the most
Trustnet looks at the investment trusts that have either gone to a bigger premium or a narrower discount across June. By Rory Palmer, Reporter, Trustnet, 27 July 2021 Chrysalis Investments, Gresham House Strategic and Oakley Capital Investments were all more expensive than their long-run average in June, according to QuotedData. Investment trusts can trade at a […]
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19 Jul 2021 1 min read
How to invest in property that makes a difference
Earn a steady income by backing social housing projects with these investment trusts By ANGHARAD CARRICK FOR THISISMONEY.CO.UK PUBLISHED: 07:42, 15 July 2021 | UPDATED: 07:42, 15 July 2021 More and more savers want to make a positive difference with their investments as well as a financial return. Environmental issues have been front of mind among investors for some time […]
