Firm publishes first full-year results under management of Atrato Partners
Social Housing REIT (SOHO) has posted net rental income of £40m in its latest annual results, up 11.7% on the year prior.
The publicly-listed real estate investment trust, which specialises in supported housing, said the increase was driven by “the impact of increases from our inflation-linked leases, combined with improved collection”.
The results, which cover the 12 months to 31 December 2025, are the firm’s first since Atrato Partners Limited took over as its investment manager.
SOHO’s portfolio size remained roughly steady at 3,412 homes in the year, while adjusted earnings per share rose 20.9% and adjusted dividend cover increased from 0.99x to 1.17x.
Chris Phillips, who is concluding nine years as chair, to be replaced by Jos Short, he was leaving the organisation “with a strengthened platform, an inflation-aligned income profile, and a clear ambition to build scale responsibly within the listed market”.
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