In a London Inventory Trade discover in the present day (21 June), the belief stated the gross proceeds from the gross sales totalled £11.4m – which represented 3.7% of House’s portfolio by worth. The proceeds, nonetheless, had been 7.8% beneath the draft values set out in August 2023.
Since then, the belief accomplished the sale of 774 properties and exchanged on an extra 205, with gross proceeds of £137m, which in mixture are consistent with the August 2023 draft valuations, House famous.
House REIT eyes additional property gross sales to repay Scottish Widows mortgage
The most recent gross sales come after House REIT didn’t safe a brand new l…
