Home REIT sells additional 98 properties for £26.5m

162 exchanged for sale

Cristian Angeloni
clock • 4 min read

Home REIT has completed the sale of 98 properties in December for a total of £26.5m, its board revealed in a stock exchange filing today (8 January).

An additional 162 properties have been exchanged for sale at a total of £25.7m, which are expected to complete this month. Shareholders progress lawsuit against Home REIT and Alvarium after portfolio revaluation Throughout December, the trust's board said it collected 12% of rent invoiced including arrears, warning that rent collection is likely to vary on a monthly basis in the short term as investment manager AEW "continues to work on stabilising the portfolio". AEW is also considering taking legal action against tenants that are "not engaging constructively and continue to withh...

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