Civitas Social Housing (CSH) has met its dividend targets, grown its NAV and invested over £674m into 557 properties (housing almost 3,750 tenants) since its launch in November 2016. It has now merged its C share and ordinary share portfolios and is focused on making best use of its capital structure (it plans to borrow more money so that its loan to value ratio rises to 35%), which should further strengthen its revenue account (as the income it generates on the properties it buys shoul
19 Feb 2019
Regulatory action is positive
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Regulatory action is positive
- Published:
19 Feb 2019 -
Author:
Ed Marten -
Pages:
8
Civitas Social Housing (CSH) has met its dividend targets, grown its NAV and invested over £674m into 557 properties (housing almost 3,750 tenants) since its launch in November 2016. It has now merged its C share and ordinary share portfolios and is focused on making best use of its capital structure (it plans to borrow more money so that its loan to value ratio rises to 35%), which should further strengthen its revenue account (as the income it generates on the properties it buys shoul