Friday Briefing: Livin' on a prayer

James Baxter-Derrington
clock • 2 min read

Excuse the subject line but I’ve not been able to get it out of my head since reading News Editor Valeria Martinez’s fascinating conversation with AEW Europe CEO Rob Wilkinson, whose firm took on management of Home REIT at the top of last summer.

According to the real estate giant's chief, Home REIT's stabilisation process is now "halfway through". (Close enough.) Friday Briefing: Keeping my promise Wilkinson told Investment Week there is "a good chance" the embattled trust could find itself on a stable footing by the end of the year, with the debt "either refunded or refinanced", offering the vehicle a potential way forward. He also acknowledged the very real possibility that shareholders may have no interest in the continuation of the vehicle, but suggested the firmer footing would allow discussions between AEW, the bo...

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