Residential Secure Income plc

Delivering secure income by investing in a portfolio of shared ownership and independent retirement rental homes

Delivering secure income by investing in a portfolio of shared ownership and independent retirement rental homes

Residential Secure Income plc (LSE: RESI) is a real estate investment trust (REIT) listed on the premium segment of the Main Market of the London Stock Exchange, investing in affordable, high quality, safe homes.

 

Residential Secure Income plc (ReSI plc) aims to deliver stable, inflation-linked returns through investing in affordable shared ownership and retirement rentals across the UK.

ReSI plc targets a secure, long-term, inflation-linked annual dividend and an annual total return in excess of 8.0%.* The fund aims to make a meaningful contribution to alleviating the UK housing shortage by 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.

*These are targets only and not profit forecasts.

Watch the ReSI plc Interim Results 2022 webinar

Why invest in ReSI plc?

  • ReSI plc’s investment team has a 20-year track record financing and advising the affordable housing sector
  • A UK REIT focused on delivering secure inflation-linked income
  • Focus on two resilient sub-sectors in UK residential, shared ownership and independent retirement living, underpinned by an ageing demographic and untapped, strong demand for affordable home ownership
  • Targets a secure, inflation-linked dividend (currently 5.16p, paid quarterly)
  • Social impact maximised through a sustainable investment approach, with unique proprietary shared ownership Customer and Environmental Charters
  • Unique platform for investment:
    ‒ UK’s largest provider of independent retirement rental management services
    ‒ Wholly-owned registered provider of social housing, ReSI Housing Limited
    ‒ Innovative ultra long-term funding programme

Investment approach

ReSI plc’s purpose is 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 aims 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.

The key differentiators of ReSI plc’s investment approach are:

  • Secure rents underpinned by pensions, housing welfare or shared owner stakes
  • Incredibly diversified income stream from thousands of homes and residents
  • Over £30k of government subsidy received for each new shared ownership home we deliver via ReSI Housing Limited, our wholly-owned for-profit Registered Provider of social housing, allowing us to provide below-market rents to residents compared to private rented housing*
  • Unique proprietary shared ownership Customer and Environmental Charters maximises social impact
  • Low-cost and amortising debt funding with an average 23-year maturity, including a unique 45-year, 0.6% coupon, RPI-linked £300mn debt facility**

*Source: Gresham House
**Source: Gresham House, as at 31 March 2022

Investment process

How to invest

ReSI plc 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 plc’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.

Our Registered Provider

ReSI plc’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.

ReSI Housing Limited

A wholly-owned subsidiary of Residential Secure Income plc (ReSI plc) that is registered with the Regulator of Social Housing as a for-profit Registered Provider of social housing.

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Board

ReSI Housing Limited Directors

Investment Committee

Investment team

Investor relations queries

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

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

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