Source - RNS
RNS Number : 5066J
Civitas Social Housing PLC
28 June 2017
 

29 June 2017

CIVITAS SOCIAL HOUSING PLC

("Civitas" or the "Company")

 

 

Grenfell Tower and Subsequent Events

 

The tragic events surrounding Grenfell Tower have led to a national evaluation of the use of certain building materials and construction methods in high rise buildings.

 

Civitas seeks to ensure that the properties within the portfolio are of a high standard and suitable for use by the tenants. This is supported by 100 per cent physical inspection prior to purchase with an associated programme of monitored improvements as required.

 

The Company's strategy is to buy individual home dwellings and low rise smaller apartment buildings. Civitas does not buy or own any high rise or older system-built properties to which the issues referred to relate. It has never been the intention to acquire any such properties as they do not fit within the Company's investment strategy.

 

At this time we wish to extend our thoughts to those caught up in these tragic events. Civitas Housing Advisers Limited has made a private donation to the British Red Cross London Fire Relief Fund.

 

For further information, please contact:

 

Civitas Housing Advisors Limited

Paul Bridge                           Tel: +44 (0)20 3709 4622

Andrew Dawber                   Tel: +44 (0)20 3709 4626

 

Cenkos Securities PLC

Sapna Shah                           Tel: +44 (0)20 7397 1922

Tom Scrivens                        Tel: +44 (0)20 7397 1915

 

Pagefield

Philip Dennis                       Tel: +44 (0)7947 868206

David Leslie                          Tel: +44 (0)7584 070274

 

Notes:

Civitas Social Housing PLC is the first Real Estate Investment Trust offering pure play exposure to social housing in England and Wales.  The Company is managed by Civitas Housing Advisors Limited.  The Company is listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in November 2016.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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