Update on investment pipeline

September 21, 2017

The Fund Manager is in the process of finalising terms with three Housing Associations for the acquisition of three separate Shared Ownership portfolios in Southern England for a total consideration of approximately £250 million.  It is currently expected that these transactions will be contracted by the end of 2017, or shortly thereafter. The Fund Manager expects that long term investment grade equivalent debt will be raised on or shortly after each respective acquisition date in line with ReSI’s investment strategy...

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