Home REIT weighs investment policy change as it opens process for new manager

In discussions with several candidates

Valeria Martinez
clock • 2 min read

Home REIT is mulling a change to its investment policy to continue as a listed company, following confirmation it had opened a process to consider candidates to replace Alvarium as its investment adviser.

In a London Stock Exchange notice today (15 March), the board said it is considering whether material changes to its investment policy are necessary or advisable at this stage to continue as a listed company.  "Any such changes would require the approval of the FCA and shareholders under the listing rules. Any proposals, if recommended, will be put forward to shareholders in due course," the board added.  Nearly a month after announcing a strategic review and Bluestar Group's unsolicited takeover bid, the trust said it is in discussions with a number of candidates and hoping to conclu...

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