An investment in Triple Point Social Housing REIT : SOHO will enable investors to gain exposure to a portfolio of Social Housing assets in the UK, with a particular focus on Supported Housing. The assets within the portfolio will be subject to inflation-linked, long-term, Fully Repairing and Insuring (“FRI”) leases with Approved Providers, benefiting from government backed and supported revenue streams. Triple Point Social Housing REIT will invest in both standing assets and forward funded developments.
Triple Point Social Housing REIT is targeting a covered dividend equal to 5 per cent. of the issue price of £1 per share (in respect of the first full financial year, paid quarterly and to increase the dividend thereafter in line with inflation) and a total return of 9 per cent. of the issue price per year, following deployment of the net proceeds and associated gearing.
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