{"id":11861,"date":"2023-02-28T17:49:04","date_gmt":"2023-02-28T17:49:04","guid":{"rendered":"https:\/\/www.londonhouseexchange.com\/blog\/?p=11861"},"modified":"2025-07-30T05:53:35","modified_gmt":"2025-07-30T04:53:35","slug":"february-activity-update","status":"publish","type":"post","link":"https:\/\/www.londonhouseexchange.com\/blog\/february-activity-update\/","title":{"rendered":"February Activity Update"},"content":{"rendered":"\n

We published Q4-2022 Portfolio Performance<\/a> on 31 January 2023.<\/p>\n\n\n\n

We will publish Q1-2023 Portfolio Performance on 28 April 2023 – this will include annual revaluations for all properties, undertaken by independent RICS-accredited chartered surveyors.<\/p>\n\n\n\n

Today’s update covers important activity in February:<\/p>\n\n\n\n

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  1. Better\u2019s investment in the Exchange & LHX All-Share Investment Plan<\/li>\n
  2. Equity Fundraises & shareholder votes<\/li>\n
  3. Enhanced property-by-property disclosure<\/li>\n
  4. Unit disposals<\/li>\n\n<\/ol>\n<\/div>\n\n\n\n
    <\/div>\n\n\n\n

    1<\/strong>. Better\u2019s investment in the Exchange & LHX All-Share Investment Plan<\/strong><\/p>\n\n\n\n

    February was the first month of Better\u2019s direct investment in the Exchange, which was completed in accordance with the Investment Policy<\/a>.<\/p>\n\n\n\n

    This investment is creating greater liquidity and more efficient pricing across the marketplace. The volume traded on the Exchange in February is the highest for the last 8 months.<\/p>\n\n\n\n

    For investors looking to sell, this enhanced liquidity provides increased opportunity to exit. <\/p>\n\n\n\n

    Alongside Better\u2019s investment, funds invested in the LHX All-Share Investment Plan<\/a> have been successfully deployed. Clients that invested in February’s LHX All-Share are diversified across 39 properties and achieved an average 25% discount to Vacant Possession Value (after all fees and taxes). This represents a 34% unrealised capital gain on investment cost. <\/p>\n\n\n\n

    Customer funds are invested on a monthly basis and our March deployment<\/a> is open for funding until 11.59pm today, 28 February. <\/p>\n\n\n\n

    <\/div>\n\n\n\n

    2. Equity Fundraises & shareholder votes<\/strong><\/h2>\n\n\n\n


    In February, we identified 4 properties in need of new capital to strengthen their financial position:<\/p>\n\n\n\n