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Walls & Futures' NAV rises by 15% as it builds supported housing for the long-term

The valuation represents a 15 per cent increase to 106 pence per share from 92 pence per share over the last year. 

Walls has 'future-proofed' its development at Didcot

Joe McTaggart, CEO of Walls and Futures REIT PLC (AQSE:WAFR), spoke to Proactive London about the company's increase in Net Asset Value Per Share after it completed on its Didcot development in December 2019.

The valuation represents a 15 per cent increase to 106 pence per share from 92 pence per share over the last year. 

Unaudited NAV reflects an independent RICS 'Red Book' valuations prepared on an individual asset basis by John D Wood & Co.

The housing investor and developer looks to generate secure long-term income by addressing the UK’s social housing needs.

Quick facts: Walls & Futures REIT PLC

Price: 59.5 GBX

AQSE:WAFR
Market: AQSE
Market Cap: -
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Walls & Futures REIT happy to redeploy capital to meet supported housing need

Joe McTaggart, chief executive of Walls & Futures REIT PLC (LON:WAFR), says coronavirus has highlighted the importance of supported housing. There is a huge need, he adds, and as properties are on long-term contracts there has been less disruption than seen in other areas of the commercial...

on 17/6/20

2 min read