Home REIT PLC (GB:HOME) has released an update.
Home REIT PLC has actively managed its property portfolio, conducting 106 property inspections in April, bringing the total to 2,077, and continuing legal actions against non-performing tenants. The company also reduced its total debt to £140.1m through the repayment of £3.9m and reported 65 properties exchanged for sale, expecting completion in May. These steps are part of Home REIT’s ongoing strategy to stabilize its financial position and focus on providing accommodation to vulnerable populations.
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