Civitas Social Housing PLC Update research from QuotedData

TIDMCSH

Civitas Social Housing PLC

15 April 2020

Civitas Social Housing - Update research from QuotedData

15(th) April 2020

Proved its mettle

Some market commentators appear to have overstated the impact of regulatory concerns on Civitas Social Housing's (CSH's) performance. Regulatory notices served on some of its tenants knocked CSH's share price over 2018/2019. However, during the whole of this period, it collected its rents, paid its dividends and increased its net asset value (NAV).

Recognition of this fact, and the supply and demand fundamentals that support growth in the supported living sector, saw its share price recover and its discount to NAV narrow. That momentum, as has been the case in all global markets, has been somewhat curtailed by the coronavirus outbreak. However, owing to the strong characteristics of the supported living sector, CSH has been one of the best performing REITs and property companies since the covid-19 pandemic escalated.

Full research:

https://quoteddata.com/research/civitas-social-housing-proved-mettle/

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April 15, 2020 06:05 ET (10:05 GMT)

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