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Residential Secure Income ( (GB:RESI) ) has shared an announcement.
Residential Secure Income plc announced that its Annual Results for the year ended 30 September 2024 will be published on 22 January 2025. This follows a shareholder vote in December 2024 to accept a new investment objective focused on realizing existing assets in an orderly manner, balancing shareholder returns with timing of disposals while ensuring resident interests are protected. The announcement reflects ReSI’s strategic shift towards asset realization, highlighting potential impacts on stakeholders, including shareholders and residents, while maintaining its commitment to affordable housing.
More about Residential Secure Income
Residential Secure Income plc (ReSI plc) is a real estate investment trust focused on providing secure, inflation-linked returns through investments in independent retirement rentals and shared ownership within the UK residential sector. The company aims to deliver affordable, high-quality homes while partnering with housing developers and associations to accelerate the development of affordable housing. ReSI Housing Limited, its subsidiary, is a registered provider of social housing, allowing it to acquire affordable housing subject to planning restrictions and government grants.
YTD Price Performance: -2.72%
Average Trading Volume: 401,342
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £105.9M
Learn more about RESI stock on TipRanks’ Stock Analysis page.
