Overview
- Investigators searched homes in Altrincham, Maidenhead and London, a commercial site in Manchester, and a home in Venice with Italy’s Guardia di Finanza.
- The National Crime Agency supported the operation, which involved seven coordinated searches.
- The SFO estimates the suspected offending at about £300 million linked to the company’s activities.
- Home REIT raised more than £850 million after its 2020 listing by selling investments tied to leasing thousands of homes to charities and Community Interest Companies to house rough sleepers, veterans and people with addiction.
- An investor report in November 2022 questioned valuations and rent viability, trading was suspended in January 2023, and investor lawyers allege some properties were used for private rentals or short‑lets.