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IN BRIEF: Home REIT sells further 103 properties for GBP6.6 million

Wed, 24th Jan 2024 12:40

Home REIT PLC - London-based real estate firm, which invests in housing for homeless people - Exchanges contracts for sales of further 103 properties. Gross proceeds for the sales were GBP6.6 million, representing 1.6% of the company's portfolio by value. Completion is expected in about one month's time. Sale proceeds will be used to reduce borrowings and provide working capital.

Current stock price: 38.05

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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