Walls & Futures REIT PLC: Resilient Performance Amid Economic Challenges

Walls & Futures REIT PLC reported stable financial results for the six months ending September 30, 2024. The Net Asset Value remained at 85p per share, identical to March 2024. Property assets grew by 2%, adding £40,000, while the company achieved a profit of £8,590. Despite a challenging economic landscape with stagnant growth and inflation concerns, 100% of Specialist Supported Housing rents were collected.

CEO Joe McTaggart highlighted the portfolio's resilience and emphasized the opportunity presented by the UK government's plan to build 1.5 million new homes. Nevertheless, rising public company costs, notably in regulatory and audit fees, have impacted operations. Liquidity issues further affected share price, prompting exploration of solutions to enhance market activity.