5th Aug 2022 09:37
Home REIT PLC - London-based homeless accommodation investor - Buys 199 properties located across England for a total of GBP85.1 million, including acquisition costs. Home REIT says the properties add a further 869 beds for those in need to the portfolio, bringing the total to 10,421. Says these acquisitions were funded by net proceeds raised via the company's oversubscribed GBP263 million equity issue in May this year, and it has now deployed a total of GBP70 million of the proceeds of the placing. Read More