Social Housing REIT's £108m Acquisition of Senior Living Assets

Social Housing REIT (SOHO) has announced a conditional agreement to acquire a portfolio of senior living assets for £108 million. The acquisition will be financed through a combination of cash and new shares, aligned with the end-FY25 EPRA NTA valuation, pending shareholder approval. Since Atrato assumed the role of investment manager, SOHO has focused on portfolio optimization, improving earnings, and restoring dividend growth. The FY25 results underscored potential growth by expanding into other supported living sectors. SOHO anticipates this acquisition to be earnings accretive, enhancing earnings by a high single-digit percentage in the first full year post-completion.