Edison issues report on Social Housing REIT (SOHO)

Summary by AI BETAClose X

Social Housing REIT (SOHO) has entered a conditional agreement to acquire a senior living asset portfolio for £108 million, funded by cash and new shares at a price equivalent to end-FY25 EPRA NTA, pending shareholder approval. This strategic acquisition, which requires shareholder consent, is expected to be high single-digit earnings accretive in the first full financial year post-completion and aligns with SOHO's stated objective of increasing scale and growth potential by expanding into other structurally supported living sectors, building on recent progress in portfolio optimization and dividend growth under Atrato's investment management.

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