Back
News

Triple Point share placing raises £55m

Triple Point Social Housing REIT has raised £55m through the issue of nearly 52.9m new ordinary shares, priced at 106p per share.

This included a purchase from BlackRock, which acquired just over 6.1m shares worth £6.5m. It holds around 10% of the company.

Stifel and Akur acted as joint financial advisers to the company, with the former acting as the bookrunner for the issue.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…