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Home REIT sells further 76 properties for £14.6m

Home REIT sells further 76 properties for £14.6m

Investment Week

In a stock exchange notice today (10 May), the trust said the sales represent 4.5% of its portfolio by value, based on  Jones Lang LaSalle’s (JLL) draft valuation in August 2023. The £14.6m from the sales is also 12.4% below the August 2023 values, Home noted. Harcus Parker weighs legal action against Home REIT sister fund amid FCA probe The latest sales bring the total number of portfolio properties sold to 585, with a further 262 properties having been exchanged on. The total gross proceeds since the sales began in August last year now stands at £125.8m which, in aggregate, an…

The full article is available here. This article was published at Investment Week.

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