In a inventory alternate discover right now (19 April), the belief stated the properties are in step with JLL’s August draft valuation, and characterize 4.8% of its portfolio by worth. The properties have been bought at a public public sale on 18 April.
AEW UK Funding Administration took over as Residence REIT’s new supervisor and various funding fund supervisor in August final yr, after an inner investigation raised issues about Alvarium’s dealing with of the belief’s property portfolio.
AEW Europe CEO Wilkinson: We’re ‘midway by means of’ Residence REIT’s stabilisation section
As a part of the brand new supervisor’s plan to show a…