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IN BRIEF: Home REIT acquires 89 new properties for GBP60.2 million

Fri, 17th Dec 2021 19:26

Home REIT PLC - homeless accommodation investor - Uses GBP60.2 million of proceeds raised in September to acquire 20 new portfolios, comprising 89 properties. The properties situated across England is set to provide 548 beds, bringing to total bed portfolio to 7,073 beds.

"Following these most recent acquisitions, we are providing 7,073 beds which offer a stable, supportive and safe environment to some of the most vulnerable people, who are now able to work with our charity partners to reintegrate back into society long term," says Jamie Beale, partner at Alvarium Home REIT Advisors.

Current stock price: 122.50 pence

Year-to-date change: up 16%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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Home Reit Share News (HOME)

Share Price Information for Home Reit (HOME)

IN BRIEF: Home REIT acquires 89 new properties for GBP60.2 million

CVC, QIA and Brookfield drop secret bid plan for Sainsbury -report

BROKER RATINGS SUMMARY: Berenberg Cuts Telecom Plus To Hold From Buy

Union Warns More Than 800 Jobs At Risk From Sainsbury's Shake Up

How will the National Living Wage impact UK stocks?

LONDON MARKET MIDDAY: US Jobs Report Next After PMIs Fail To Impress

TOP NEWS SUMMARY: Sainsbury's Seals Deal For Argos-Owner Home Retail

WINNERS & LOSERS SUMMARY: Ascent Resources Drops As Cadogan Backs Out

LONDON MARKET OPEN: Sainsbury Buys Home Retail But Hotel M&A Cools

LONDON BRIEFING: London Shares Hit By Weak Japan Tankan Survey

Home Retail agrees to recommend Sainsbury's offer

Argos owner backs $2 billion Sainsbury's takeover

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