IPO of Home REIT plc

Deal typeCapital markets & Transaction Services
IndustryReal Estate
Client nameHome REIT plc

Home REIT plc placed on the premium segment of the main market, raising £240.6m and becoming the largest investment trust IPO of 2020. The Company will invest funds in homeless shelter assets throughout the UK, aiming to alleviate homelessness whilst also providing inflation-protected income and capital returns for investors. The Company will have a positive social impact by providing affordable, high-quality, fit-for-purpose housing stock to address the current lack of suitable accommodation available for local authorities to house the homeless.

BDO provided working capital and FPPPs report for the IPO of Home REIT plc.

"I was pleased to work with the BDO Corporate Finance team on our IPO. Their approach was pragmatic and the output was clear and thorough.  The team clearly have a genuine understanding of the sector.  Their communication with the management team and the Board offered valuable assurance on a successful equity raise."

Jamie Beale, partner at Alvarium Home REIT Advisors Limited