KCR Residential REIT Announces Change in Shareholding
The real estate investment trust has received notification of a disposal of shares by Acuity RM Group plc.
The real estate investment trust has received notification of a disposal of shares by Acuity RM Group plc.
The real estate investment trust has announced the details for its upcoming annual general meeting.
The residential property company returned to profit but faces ongoing financial challenges. Revenue grew modestly while cash burn increased, reflecting a mixed performance in a complex market environment.
The real estate investment trust has announced changes to its major shareholdings.
The residential REIT group faces a shareholder revolt, with a requisitioned general meeting called to remove the current CEO, Chairman, and other directors, and appoint new board members.
The residential REIT group has refinanced its debt facilities, securing new Sharia-compliant financing from Al Rayan Bank to replace its previous Hodge Bank facilities.
The property investment firm reported a profit turnaround and improved operating cash flow, but faces ongoing challenges with minimal revenue growth, increased finance costs, and a difficult operating environment.
Routine website access restoration for small-cap property investment firm