Home REIT

Home REIT is a property company which invests in the provision of sheltered housing for homeless people throughout the United Kingdom.

Home REIT was launched on the London Stock Exchange in October 2020 raising £240 million in what turned out to be the largest initial public offering of any investment trust in the year.

[8] On 7 December 2022, a group of shareholders claimed the company had misled the market by investing in properties occupied by tenants who are not vulnerable and therefore would not qualify for Housing Benefit payments.

[11] It admitted on 15 December 2022 that it had no record of how much of its income comes from Housing Benefit payments, on which it is significantly dependent.

[14] In 2024, the Serious Fraud Office opened an investigation into the company over whether fund managers misled the market.