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Home Reit inquiry reveals lack of transparency

A fund management company behind a scandal-hit property investment trust that raised £740 million from UK investors has been accused of disguising rent arrears

Home REIT internal probe fails to reassure shareholders as board faces resignation calls

Wednesday newspaper round-up: Prepayment meters, rail services, BAE Systems

British households on prepayment meters face missing out on up to £130m of support for their energy bills if they fail to redeem government vouchers before they expire in a month’s time. Under the energy bills support scheme, which runs until 30 June, all households are entitled to discounts of up to £400 on their bills. – Guardian

Home REIT blames investment adviser following internal probe

Home REIT has claimed that it was left uninformed by its investment adviser Alvarium, following an internal probe into alleged wrongdoings.

Home REIT investigation: investment manager passed over innacurate ESG info and had undisclosed conflicts of interest

The former investment manager of scandal-hit property firm Home REIT passed over “inaccurate” information to an ESG inspector and certain top figures had “undisclosed potential business interests” with third parties, a damning internal report has revealed today.

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