Added to YB: 2026-07-22
Pitch date: 2026-05-15
HOME.L [bullish]
Home Reit Plc
+8.79%
current return
Author Info
No bio for this author
Company Info
Home REIT plc is a closed-ended investment company which is registered as a public company limited by shares under the Companies Act 2006.
Market Cap
GBP 77.5M
Pitch Price
GBP 0.09
Price Target
0.14 (+48%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-2.37
EV/Sales
3.64
Sector
Residential REITs
Category
special_situation
Home REIT Ord - $HOME.L
HOME.L: UK REIT cash shell post-fraud suspension; net SOTP ~18.1p vs 10p entry. Debt repaid, portfolio sold to Patron (£119m + £25m deferred 2027), £98m cash unencumbered. Variant: Harcus Parker s.90 claim likely fails (no UK s.90 trial win ever), SFO targets ex-mgmt not co (victim, not target), directors have Schedule 10 defense. IRR +6% even at 100% HP-success, floor protected. Catalysts: Oct-2026 limitation cliff, Q2-26 MVL update, FCA/SFO decisions. Risk: corporate failure-to-prevent charge, MVL delay.
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