Deal redeems REIT’s £60m facility with Lloyds and provides additional liquidity
REIT came under attack from short seller earlier this year
Hedge fund ShadowFall calls REIT’s response to criticisms ‘hollow’
Company lines up acquisitions using recent loan from M&G
Social housing REIT continues expansion
Deal completed with proceeds of recently secured M&G debt facility
M&G facility will be used to buy more care-based properties during 2021
The scheme provides 65 beds for people with learning disabilities, autism and mental health needs
Profit at Civitas Social Housing almost doubled during the past year
Civitas has identifies Scandinavia and Germany as ‘likely launch points’ for initial investment