Home REIT PLC (GB:HOME) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Home REIT PLC has successfully repaid its debt to Scottish Widows following the completion of property sales, marking a key milestone in its strategic wind-down plan. The company has sold or exchanged over 1,600 properties and plans to market its remaining assets valued at over £175 million. This repayment allows Home REIT to focus on returning capital to shareholders as it continues to manage the sale of its remaining portfolio.
For further insights into GB:HOME stock, check out TipRanks’ Stock Analysis page.
