London
· Delayed Price · Currency is GBP · Price in GBXResidential Secure Income Company Description
Residential Secure Income plc (LSE: RESI) is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns with a focus on two resident sub-sectors in UK residential - independent retirement rentals and shared ownership - underpinned by an ageing demographic and untapped and strong demand for affordable homeownership.
As at 31 March 2024, ReSI's investment portfolio comprises c3,000 properties, with an (unaudited) IFRS fair value of £317mn5.
ReSI's purpose is to deliver affordable, high-quality, safe homes with great customer service and long-term stability of tenure for residents.
We achieve this through meeting demand from housing developers, housing associations, local authorities, and private developers for long-term investment partners to accelerate the development of socially and economically beneficial affordable housing.
ReSI's subsidiary, ReSI Housing Limited, is registered as a for-profit Registered Provider of social housing, and so provides a unique proposition to its housing developer partners, being a long-term private sector landlord within the social housing regulatory environment.
As a Registered Provider, ReSI Housing can acquire affordable housing subject to s106 planning restrictions and housing funded by government grant.
| Country | United Kingdom |
| Founded | 2017 |
| Industry | REIT - Residential |
| Sector | Real Estate |
Contact Details
Address: The Pavilions Bristol, BS13 8FD United Kingdom | |
| Phone | 44 20 7382 0900 |
| Website | greshamhouse.com |
Stock Details
| Ticker Symbol | RESI |
| Exchange | London Stock Exchange |
| Fiscal Year | October - September |
| Reporting Currency | GBP |
| ISIN Number | GB00BYSX1508 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Andrea Kua | Financial Controller |
| Mike Adams | Managing Director of Real Estate - Gresham House Plc |
| Chris Carter Keall B.Sc Hons, MRICS | Head of Asset Management for Housing - Gresham House Plc |
| Rupert Robinson | Managing Director of Gresham House |
| Heather Fleming | Managing Director of Institutional Business |
| Chris Elliott | Managing Director of Wholesale Distribution |
| Ben Gunnee M.Sc. | Head of Institutional Business |
| Burak Varisli | Investment Director of Housing |
| Sandeep Patel | Finance Director of Housing - Gresham House |