Home REIT sold 200 properties for £36.9m as part of its managed wind-down strategy, totaling 1,208 properties sold since August 2023, generating £216.
Home REIT has sold 200 properties for £36.9 million as part of its managed wind-down strategy, totaling 1,208 properties sold since August 2023, generating £216.9 million in gross proceeds. The recent sales, which occurred at public auctions, account for 15% of its portfolio by value. The specific reasons for the wind-down remain unclear, but the actions are in line with valuations from JLL.
September 30, 2024
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