Triple Point Social Housing REIT PLC (GB:SOHO) has released an update.
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Triple Point Social Housing REIT PLC has announced plans to sell more properties this year, following a successful sale last August, with the intention to return capital to shareholders. The company is also transferring 38 properties from Parasol to Westmoreland Housing Association, expecting to improve rent collection rates. Additionally, the REIT is working with My Space to support their turnaround plan and enhance rent payments.
For further insights into GB:SOHO stock, check out TipRanks’ Stock Analysis page.