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Home REIT offloads more properties at auction

Home REIT has sold 65 properties at a public auction.

The troubled company, originally established to invest in accommodation for the homeless, said gross proceeds from the sales were £15.9m, in line with a draft valuation from JLL.

Since August 2023, the company has completed the sale of 533 properties and exchanged on a further 240 for gross proceeds of £111.4m.

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