Group adds long-let Champney’s resort to portfolio
Company is hunting for next acquisitions
REIT says existing mandate is “highly restrictive”
Quarterly NAV edges down but annualised rent stays steady
Group turned around a £7.3m loss to record a profit in 2023
REIT says it is ready for a property market recovery
REIT’s portfolio takes a hit despite increase in rents
Share price discount to NAV has widened to 21%
The £5m deal is the second introduced by M7
The REIT has returned to health after revaluations hit profit
Alternative Income REIT saw almost £10m wiped off its net asset value during the second half of 2020
REIT’s new investment strategy rejected at last week’s AGM