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Residential Secure Income REIT (RESI) Ord GBP0.01

Sell:55.40p Buy:56.20p 0 Change: 1.40p (2.59%)
FTSE All Share:0.32%
Market closed |  Prices as at close on 22 January 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:55.40p
Buy:56.20p
Change: 1.40p (2.59%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 22 January 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:55.40p
Buy:56.20p
Change: 1.40p (2.59%)
Market closed |  Prices as at close on 22 January 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company’s investment objective is to realise all existing assets in the Company’s portfolio in an orderly manner, with a view to ultimately returning available cash to Shareholders, following the repayment of the Group’s borrowings.
Security Weight
Investment Properties 224.20%

Top 10 sectors currently unavailable.

Country Weight
United States 224.20%

Fee Structure

With effect from 1 January 2025 and the successful passage of the Managed Wind-Down resolution, the Fund Manager will receive a management fee of 1 per cent per annum of the average of the Companys Market Capitalisation and Net Asset Value for the Net Asset Value up to 250 million. This fee is paid quarterly in advance. 75 per cent of the fee is paid in cash the Cash Fee, and 25 per cent is paid in the form of Ordinary Shares the Equity Element.

Dividend Policy

The Company is targeting, to pay on a quarterly basis an annual dividend of 4.12p, which the Company then expects to progressively increase. It is the Company’s intention to pay dividends to shareholders on a quarterly basis and in accordance with the REIT Regime.

ASSET SPLIT

Total number of holdings: 4.

Trust Manager

Not currently available for this investment trust.

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Robert WhitemanChairman, Robert Gray, Elaine Bailey

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.