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Noble Tree Foundation withheld rent from Home Reit, some of whose homes it claimed were ‘unfit to live in’Business live – latest updatesA homelessness charity has gone into administration after a lengthy standoff with its property fund landlord in which it refused to pay rent over the condition of its properties, some of which had black mould and leaking ceilings.Home Reit, a London-listed real estate investment trust, has been in dispute for more than a year with Noble Tree Foundation, which is a tenant of 143 properties in its portfolio after complaints about property repairs. Continue reading…
Noble Tree Foundation withheld rent from Home Reit, some of whose homes it claimed were ‘unfit to live in’
Business live – latest updates
A homelessness charity has gone into administration after a lengthy standoff with its property fund landlord in which it refused to pay rent over the condition of its properties, some of which had black mould and leaking ceilings.
Home Reit, a London-listed real estate investment trust, has been in dispute for more than a year with Noble Tree Foundation, which is a tenant of 143 properties in its portfolio after complaints about property repairs.
