Civitas Social Housing () is a large
British
British may refer to:
Peoples, culture, and language
* British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies.
** Britishness, the British identity and common culture
* British English, ...
investment trust dedicated to investments in existing portfolios of built social homes in England and Wales. Established in 2016, the company is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
. The
Chairman is Michael Wrobel.
It is the largest social housing
real estate investment trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
, working with 15
housing association
In Ireland and the United Kingdom, housing associations are private, Non-profit organization, non-profit making organisations that provide low-cost "Public housing in the United Kingdom, social housing" for people in need of a home. Any budge ...
s. The
Regulator of Social Housing has challenged the business model of some of its providers where rent income from
housing benefit payments is less than lease expenditure.
In October 2021, the company promised proper disclosure about property transactions after criticism that it had failed to adequately disclose the fact that its fund managers were significant shareholders in companies from which the company had bought four property portfolios.
References
{{reflist
External links
Official site Investment trusts of the United Kingdom
Real estate companies established in 2016
Housing associations based in England