Residential Secure Income REIT has posted a slight increase in IFRS net asset value per share to 105.9p, during its quarter to 31 December.
This compares with an equivalent of 105.1p on 30 September.
NAV total return for the quarter was 1.5%, taking NAV total return since its flotation in 2017 to 11.1%.
The total value of ReSI’s portfolio was £249.9m, reflecting a like-for-like increase of £900,000.
The REIT will pay an interim dividend of 1.25p per ordinary share, in line with its 5p per ordinary share target for the current financial year.
The news comes after the firm yesterday agreed a £14.5m loan secured against the 289 units in its local authority housing portfolio.
In another post-period deal, the company entered a £300m Housing Investment Partnership agreement with Morgan Sindall Investments with a target of 1,500 new shared-ownership homes.
To send feedback, e-mail pui-guan.man@egi.co.uk or tweet @PuiGuanM or @estatesgazette