Residential Secure Income PLC Notice of Full Year Results - 1 December 2021 (7074S)
17 Noviembre 2021 - 8:00AM
UK Regulatory
TIDMRESI
RNS Number : 7074S
Residential Secure Income PLC
17 November 2021
17 November 2021
Residential Secure Income plc
("ReSI" or the "Company")
Notice of Full Year Results for the period ended 30 September
2021
Residential Secure Income plc (LSE: RESI), which invests in
independent retirement living and shared ownership, will announce
financial results for the year ended 30 September 2021 on Wednesday
1 December at 7:00am (GMT).
The management team will host a Zoom webinar and question and
answer session for investors and analysts at 2:00pm (GMT) on
Wednesday 1 December .
Investors and analysts are encouraged to pre-register in advance
for dedicated access on the day, via this link .
The full year results announcement, Annual Report and the
accompanying presentation will be made available on the ReSI
website, on the day: www.resi-reit.com/company-documents
A replay will be available after the meeting.
- ENDS -
For further information, please contact:
ReSI Capital Management Limited / Gresham
House Housing
Ben Fry
Alex Pilato +44 (0) 20 7382 0900
Jefferies International Limited
Stuart Klein
Tom Yeadon +44 (0) 20 7029 8000
KL Communications gh@kl-communications.com
Charles Gorman +44 (0) 20 3995 6673
Will Sanderson
Millie Steyn
Notes to Editors
Residential Secure Income plc (LSE: RESI) is a real estate
investment trust (REIT) focused on delivering secure,
inflation-linked returns with a focus on two resident sub-sectors
in UK residential - independent retirement rentals and shared
ownership - underpinned by an ageing demographic and untapped and
strong demand for affordable home ownership. .ReSI targets a
secure, long-dated, inflation-linked dividend of 5.0 pence per
share p.a. (paid quarterly) and a total return in excess of 8.0%
per annum. Including recent committed acquisitions, ReSI's
portfolio comprises 3,059 properties, with an (unaudited) IFRS fair
value of GBP348m [i] .
ReSI 's purpose is to deliver affordable, high quality, safe
homes with great customer service and long-term stability of tenure
for residents. We achieve this through meeting demand from housing
developers (housing associations, local authorities and private
developers) for long-term investment partners to accelerate the
development of socially and economically beneficial affordable
housing.
ReSI's subsidiary, ReSI Housing Limited, is registered as a
for-profit Registered Provider of Social Housing, and so provides a
unique proposition to its housing developer partners, being a
long-term private sector landlord within the social housing
regulatory environment. As a Registered Provider, ReSI Housing can
acquire affordable housing subject to s106 planning restrictions
and housing funded by government grant.
Acquisitions by ReSI are limited to homes with sufficient
cashflows, counterparty credit quality and property security to be
capable of supporting long -- term investment grade equivalent
debt. ReSI does not manage or operate stock and uses experienced
and credit-worthy managers.
ReSI is managed by ReSI Capital Management Limited, whose
immediate parent company, TradeRisks Limited, has been active
within the social housing sector for over 20 years as a funding
arranger and advisor and, over the last four years, as an investor
through ReSI.
ReSI Capital Management and its parent, TradeRisks, were
acquired by Gresham House in March 2020, further increasing the
investment expertise available to ReSI. The housing investment team
at Gresham House has 1 9 members and growing, with an average of 18
years' relevant experience, covering fund management, housing
investment, social housing management and financial and risk
expertise.
Gresham House plc is a London Stock Exchange quoted specialist
alternative asset manager committed to operating responsibly and
sustainably, taking the long view in delivering sustainable
investment solutions.
Further information on ReSI is available at
www.resi-reit.com
Further information on Gresham House is available at
www.greshamhouse.com
[i] excluding the finance lease gross up and including committed
acquisitions
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END
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