Troubled company offloads assets at 7.7% below last valuation
Troubled company and manager AEW hope to make “positive announcements in near future”
Sales made at 15.5% below August 2023 valuations
Shares in the troubled REIT were suspended on 3 January
The troubled REIT is looking to refinance its £162m debt
The assets were sold at auction for a total of £6.6m
The former Helical board member will take over from Lynne Fennah immediately
Troubled REIT poised for appointment as it reveals it collected just 12% of rent due in December
Law firm Harcus Park says it is acting on behalf of 250 investors
News comes after 80 properties sell at a third of purchase price
The fee has been charged on a daily basis from the end of November
Eden Safe has not paid any rent since October 2022