Residential Secure Income plc (LSE: RESI) is a real estate investment trust (REIT) that is currently invested in the shared ownership sector and is pursuing a managed wind-down strategy.

Approach

ReSI seeks to deliver stable returns through its investments in affordable shared ownership across the UK, whilst pursuing a managed wind-down strategy. ReSI historically targeted a secure, long-term and inflation-linked annual dividend and an annual total return in excess of 8.0%.*

The Board of ReSI announced its proposal to shareholders that ReSI adopts a managed wind-down and portfolio realisation strategy in late 2024. Since then, ReSI has been managed with the intention of realising all the existing assets in its portfolio in an orderly manner and with a view to repaying borrowings and making timely returns of capital to shareholders.

*These are targets only and not profit forecasts.

Strategy

A UK REIT focused on its managed wind-down having historically sought to deliver secure inflation-linked income from resilient UK residential sub-sectors.

ReSI’s purpose is to implement its managed wind-down strategy having historically sought to generate secure income for shareholders by delivering affordable, high-quality, safe homes with great customer service and long-term stability of tenure for residents. ReSI plc sought to 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.

724 Homes (including committed acquisitions)
£97mn valuation (including committed acquisitions)

  • Affordable homeownership through part-buy, part-rent
  • Shared owners purchase an initial stake in their property and pay a below market rent on the remaining share owned by ReSI
  • Shared owners have the option to staircase (i.e. purchase a larger share in the property at the then market value), releasing bulk discounts to ReSI
  • Shared ownership opens the door to homeownership
  • Provides lifetime security of tenure through long-term leases
  • Creates additional sub-market rental homes
Education

ReSI’s shares are traded openly on the London Stock Exchange and can be purchased through a stockbroker or other financial intermediary.

The shares are available through savings plans (including Investment Dealing Accounts, ISAs, Junior ISAs and SIPPs) which facilitate both regular monthly investments and lump sum investments in the ReSI plc’s shares. There are a number of investment platforms that offer these facilities. An example can be found below:
Computershare – Share Dealing Service

A quick and easy share dealing service is available to existing shareholders through the ReSI’s Registrar, Computershare Investor Services, to either buy or sell shares. An online and telephone dealing facility provides an easy to access and simple to use service.

For further information on this service please visit www.computershare.trade or call 0370 703 0084 (calls are charged at a standard geographic rate and will vary by provider. Calls outside the United Kingdom are charged at the applicable international rate). Lines are open from 8.00am to 4.30pm Monday to Friday (excluding public holidays in England and Wales).

Before you can trade you will need to register for the service. Shareholders should have their Shareholder Reference Number (‘SRN’) available. The SRN appears on share certificates and it will be required as part of the registration process.

  • There can be no guarantee on when the managed wind-down will complete or what the quantum of sales receipts will be
  • The value of the Fund and the income from it is not guaranteed and may fall as well as rise
  • Capital at risk
  • Past performance is not a reliable indicator of future performance

ReSI’s wholly-owned subsidiary, ReSI Housing Limited (ReSI Housing) is authorised and regulated by the Regulator of Social Housing as a for-profit Registered Provider of social housing. Being a Registered Provider allows for the acquisition of properties designated as affordable accommodation or funded by government grant, expanding the range investment of opportunities available.

Team

Board

Rob Whiteman, CBE

Non-Executive Chairman, ReSI plc

Robert Gray

Non-Executive Director & Chairman of the Audit Committee, ReSI plc

Elaine Bailey

Non-Executive Director, ReSI plc

ReSI Housing Limited Directors

David Orr, CBE

Non-Executive Chairman

Mark Rogers

Executive Director, ReSI Housing & ReSI Homes

Gillian Rowley

Non-Executive Director

Sandra Skeete

Non-Executive Director

Sandeep Patel

Finance Director and Head of Housing PM

Insights

Key documents

Interim Report and Accounts to 31 March 2025

Annual Report and Accounts to 30 September 2024

Interim Report and Accounts to 31 March 2024

Annual Report and Accounts to 30 September 2023

Interim Report and Accounts to 31 March 2023

Annual Report and Accounts to 30 September 2022

Interim Report and Accounts to 31 March 2022

Annual Report and Accounts to 30 September 2021

Interim Report and Accounts to 31 March 2021

Annual Report and Accounts to 30 September 2020

Interim Report and Accounts to 31 March 2020

Annual Report and Accounts to 30 September 2019

Interim Report and Accounts to 31 March 2019

Annual Report and Accounts to 30 September 2018

Interim Report and Accounts to 31 March 2018

Annual Report and Accounts to 30 September 2017

Shareholding queries

Computershare Investor Services plc
The Pavilions, Bridgwater Road, Bristol BS99 6ZZ

T: 0370 889 3181
W: www.investorcentre.co.uk

Shareholder information

RNS announcements

For more information please visit the London Stock Exchange.

Corporate alerts

For more information please visit the London Stock Exchange.

Share price

For more information please visit the London Stock Exchange.

Annual Reports

Interim Reports

Sustainability and Governance

Key Information Document (KID)

Key dates

Reporting dates:

Year end 30 September

Half year 31 march

AGM:

4 March 2026

Other company documents

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