Home REIT faces boardroom coup as it plunges deeper into crisis
Angry Home REIT shareholders have turned to short-seller Fraser Perring (pictured), boss of Viceroy Research, as a possible saviour.
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Angry Home REIT shareholders have turned to short-seller Fraser Perring (pictured), boss of Viceroy Research, as a possible saviour.
The Home REIT affair is a lesson that investors should not be too starry-eyed over ventures billed as socially responsible.
Its plight has led critics to suggest the sector may be facing a 'Southern Cross moment' - a reference to the care home giant that collapsed a decade ago.
The Home REIT affair is a lesson that investors should not be too starry-eyed over ventures billed as socially responsible.
Home REIT said London-based investment firm Bluestar Group had made an 'unsolicited approach' regarding a possible cash offer.