Home REIT PLC (GB:HOME) has released an update.
Home REIT PLC has successfully sold 200 properties for a total of £36.9 million, matching the expected valuations and bringing the total sales to £216.9 million since August 2023. These transactions are part of a strategy to lower debt and provide capital for the company, with the London market showing particularly strong results. The company reassures that the overall sales are in line with pre-sale valuations, indicating a stable and positive outlook for their portfolio.
For further insights into GB:HOME stock, check out TipRanks’ Stock Analysis page.
