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Civitas buys social housing portfolio for £22m

Civitas Social Housing has bought a portfolio of regulated social housing for £22m.

The portfolio consists of 16 supported living properties with 173 tenancies in eight local authority areas.

The portfolio is immediately income-generating and sourced off-market by Civitas Housing Advisors, the company’s investment manager. Each property is subject to a 22-year lease with a specialist housing association.

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