Home REIT completes £26.5m sale of 226 properties, representing 9% of its portfolio value.

Home REIT completes £26.5m sale of 226 properties at public auctions, marking a significant transaction for the real estate investment trust. The sale represents around 9% of the company's portfolio value, with most properties below the portfolio average lot size. The trust has sold 914 properties in the past year and exchanged on an additional 287, facing significant challenges that have led them to consider a managed wind-down plan.

August 02, 2024
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