Walls & Futures REIT plc announced today that for the calendar year ending 2017, its portfolio delivered a total return of 11.5%, against its benchmark, 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.”