TIDMWAFR

RNS Number : 6976H

Walls & Futures REIT PLC

14 March 2018

Walls & Futures REIT plc

   (Epic:   WAFR) 

Walls & Futures REIT plc outperforms benchmark

Walls & Futures REIT plc is pleased to announce that for the calendar year 2017, its portfolio delivered a total return of 11.5% against its benchmark, the MSCI's IPD UK Residential Property Index, which returned 7%.

Joe McTaggart, CEO of Walls & Futures REIT plc comments:

"We're delighted with the portfolio performance and believe it illustrates the effectiveness of our investment strategy while serving as an indicator of our potential, enabling investors to compare our absolute and relative performance with that of the index and our larger peers.

As we scale the business, we believe the returns generated from the growing portfolio will be reflected in our operational performance.

Our aim is to continue to make quality investments in the Social Housing sector that add much needed capacity, positively impacting the lives of the most vulnerable people in our communities while delivering a financial return for our shareholders."

About Walls & Futures REIT plc

Walls & Futures REIT plc provides homes for some of the most vulnerable people in society. We strive to make a difference by delivering homes that are adapted to meet the needs of each individual, enabling them to lead more fulfilling lives.

We are currently focused on delivering Supported Housing for people with a range of disabilities including autism, learning and physical disabilities and mental health needs. Collaborating with our customers and strategic partners we design, fund, build and deliver quality homes throughout the UK.

We are building a portfolio of high yielding residential properties let on long term leases, with rents increasing in line with inflation, to quality tenants including charities and housing associations. Our financial 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.

Walls & Futures is a Real Estate Investment Trust (REIT) quoted on the NEX Exchange Growth Market (Ticker: WAFR) and is a member of the Social Stock Exchange.

For further information

 
 Walls & Futures 
 
  Joe McTaggart - Chief Executive 
  Walls & Futures REIT plc 
  3rd Floor 
  111 Buckingham Palace Road 
  London, SW1W 0SR 
 
  T 020 7340 8677 
  E joe@wallsandfutures.com 
  W www.wallsandfutures.com 
 Corporate Adviser 
 
  David Papworth 
  City & Merchant Limited 
  Level 17 Dashwood House 
  69 Old Broad Street 
  London, EC2M 1RX 
 
  T 020 7101 7676 
  E info@cityandmerchant.com 
 

About MSCI

For more than 40 years, MSCI's research-based indexes and analytics have helped the world's leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research.

Our line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research. MSCI serves 97 of the top 100 largest money managers, according to the most recent P&I ranking.

For more information, visit us at www.msci.com.

Media Inquiries:

Karen Mulligan

MSCI Global Client Service

EMEA Client Service Americas Client Service Asia Pacific Client Service

   karen.mulligan@msci.com    +44 20 7336 9243 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 14, 2018 06:00 ET (10:00 GMT)

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