Liontrust slams Home REIT over 'serious shortcomings' and weighs investor action

'More than one proposition'

clock • 1 min read

Liontrust Asset Management, one of the largest shareholders of the embattled Home REIT investment trust, has slammed the company over “serious shortcomings” in its operations and governance.

In a statement today, Liontrust revealed it has been engaging with the trust in an effort to "protect shareholder value" and ensure "good quality housing continues to be provided to vulnerable people". Home REIT mulls sale as rent payments collapse The firm alluded to potential propositions that may require shareholder approval to pass, with a range of options available. "There is more than one proposition that may enable these two objectives to be achieved," a spokesperson said. "It is not appropriate for us to comment on any of the propositions at this stage, but we do believe th...

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