Civitas Social Housing PLC (LON:CSH) is the topic of conversation when Mike Foster, Analyst at Hardman & Co joins DirectorsTalk. Mike, explains what the Civitas REIT is, the market its in, capital being deployed, the risks and rewards and trading at a discount. Mike also explains why rents per room are higher than standard social housing and how the company has performed since IPO.
Civitas Social Housing PLC is the first Real Estate Investment Trust offering pure play exposure to social housing in England and Wales. The Company is managed by Civitas Housing Advisors Limited. The Company is listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in November 2016.
