UK’s Home REIT says two tenant firms enter voluntary liquidation

March 6 (Reuters) – UK housing provider Home REIT Plc (HOMEH.L) said on Monday two of its tenants have entered into creditors’ voluntary liquidation.

Home REIT, which has been under scrutiny over the last few months after a short-seller report by Viceroy Research, last month received an unsolicited takeover approach from an investment firm.

The company has missed a deadline to publish its annual results and trading in the firm’s shares has been suspended since Jan. 3.

The housing provider for the homeless said Gen Liv UK CIC and Lotus Sanctuary CIC have entered into voluntary liquidation and the company was in talks with prospective tenants to take on new leases for the duo’s portfolios.

Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Rashmi Aich

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source: reuters.com