HL HOME REIT IPO offers

Has anyone applied for HL REIT IPO?

Any thoughts on trading price afterwards ?

Not sure. It may go up once starts trading.

I have seen this IPO on interactive investor, but ran past it quite fast.

Most REITs in UK are on lifeline at the moment let alone โ€œA real estate investment trust that rents housing to homelessโ€ does not sound like a money maker. (apologies for sounding like a dick :frowning: )

1 Like

Thanks for that!:stuck_out_tongue_winking_eye: The government pays the housing association and they would be the people renting the HL REIT assets. It doesnโ€™t depend on homeless people paying the rents. I may burn my fingersโ€‹:flushed:

On a side note (since this is the 2nd time you mention it) HL (Hargreaves Lansdown) is not associated with this reit, if you are under the impression of them backing/financing this etc. HL is just one of the brokers facilitating the initial bids.

I see! I was misled from their email. Thanks for sharing this Kali. Very much appreciated :+1:

1 Like