IN BRIEF: Home REIT to repay Scottish Widows loan after property sales
23rd Oct 2024 10:31
Home REIT PLC - London-based real estate investment trust, which invests in UK social housing - Sells a further 152 properties for GBP26.8 million, representing 11% of the company's portfolio value. Proceeds will be used to fully repay its outstanding Scottish Widows Ltd loan by the end of the calendar year, which amounted to GBP72.0 million in September. Home REIT has sold 1,229 properties since August 2023 and exchanged a further 415 properties, for a total of GBP243.3 million. Read More