Walls & Futures REIT PLC Trading Statement (7293T)

TIDMWAFR

RNS Number : 7293T

Walls & Futures REIT PLC

17 October 2017

Walls & Futures REIT plc

   (Epic:    WAFR)

Trading Update

Walls & Futures REIT plc ("WAFR"), the Real Estate Investment Trust committed to delivering long--term income and capital growth by investing in residential property across the UK, is pleased to announce that trading in the half year to 30(th) September 2017 was in line with expectations and included an improved Net Asset Value of 94p per share (31(st) March 2017 - 90p) an improvement of 4.4% over the period.

Joe MacTaggart (Chief Executive) commented:

"We have had a busy 6 months and I'm pleased that our first supported housing project is completed and providing high quality accommodation for its residents helping them to live more independent and socially inclusive lives.

There is a lot of work to do to address the shortfall of approximately 17,000 supported housing places and we have a strong pipeline of projects and anticipate that we will be announcing half year results in the week beginning 30(th) October.

The directors of the issuer accept responsibility for the contents of this announcement

For further information please contact:

WALLS & FUTURES REIT plc

 
 Joe McTaggart                               0333 700 7171 
  Chief Executive                  joe@wallsandfutures.com 
 
   3(rd) Floor 
   111 Buckingham Palace Road 
   London 
   SW1W 0SR 
 
   www.reit.wallsandfutures.com

CITY & MERCHANT

 
 David Papworth                      0207 101 7676 
                          info@cityandmerchant.com 
 Level 17 
  Dashwood House, 
  69 Old Broad Street, 
  London 
  EC2M 1QS

Note to Editors:

Walls & Futures REIT plc is a Real Estate Investment Trust (REIT) investing in residential property focusing on the social housing sector.

Our customers and strategic partners include local authorities, NHS trusts, housing associations, charities and care providers. WE provide tailored housing solutions that encompass funding, design, project management and development.

Our target is to deliver a long--term annual net return of 7 - 9% of which 3 - 4% will be paid in the form of a dividend.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 17, 2017 02:15 ET (06:15 GMT)

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