Civitas Social Housing Ord (LSE:CSH)
- Market Cap£603.890m
- AIC sectorProperty - UK Residential
- Manager GroupCivitas Housing Advisors
The investment objective is to provide Shareholders with an attractive level of income, together with the potential for capital growth from investing in a portfolio of Social Homes, which benefit from inflation adjusted long-term leases or occupancy agreements with Registered Providers and to deliver, on a fully invested and geared basis, a targeted dividend yield of 5% p.a. by reference to the Issue Price, which the Company expects to increase broadly in line with inflation.