The embattled Home REIT has been removed from FTSE indices following the continued suspension of its shares.
Effective from Thursday (2 March), the £1.2bn trust will be removed from the FTSE SmallCap index, FTSE All-Share index, FTSE All-Share ex Multinationals index and FTSE All-Small index. The moves comes following the initial statement from FTSE Russell on 30 January, which warned the trust would be dropped if it remained suspended for a further 20 business days. Shares in the trust remain suspended "without indication of resumption". Home REIT suspends shares Home REIT was forced to temporarily suspend its shares on 3 January after it failed to publish its annual financial report fo...
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