In QuotedData’s morning briefing 21 June 2024:
- Home REIT (HOME) has sold a further 133 properties at auction, this time for £11.36m in total. These were 7.8% below the draft August 2023 valuations. Since August 2023, the company has completed on the sale of 774 properties and exchanged on a further 205 properties, for gross proceeds of £137.0m. Sale proceeds will be used to reduce borrowings and provide working capital.
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