Home REIT has appointed AEW as its new investment manager and revealed that quarterly rent collection has dropped even further, to just 13.1%.
In a stock exchange announcement this morning (13 May), the embattled trust named AEW UK Investment Management as its new property adviser, effective immediately, with the company taking on the role of investment manager and alternative investment fund manager to the trust following the completion of Alvarium's contracts, regulatory approval and adoption of a revised investment policy. AEW, part of the £74.5bn AUM AEW Group, is also the investment manager of AEW UK REIT, AEW UK Real Return and AEW UK Core Plus Property, and represents Natixis Investment Managers' real estate asset manage...
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