In a inventory alternate discover immediately (28 March), the belief stated the gross proceeds represented 1.8% of its portfolio by worth, primarily based on Jones Lang LaSalle’s (JLL) August 2023 draft valuation. The gross proceeds from the gross sales had been 7.7% beneath the drafted August 2023 values.
Nearly all of the properties bought are beneath portfolio common lot measurement, the belief stated, noting that this may occasionally trigger a “better share variation” when evaluating sale worth to the August draft valuation.
AEW Europe CEO Wilkinson: We’re ‘midway by means of’ Residence REIT’s stabilisation part
AEW UK Funding Administration…
