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Home REIT Completes Debt Repayment and Updates on Tenant Agreements and Accounts
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Home REIT Completes Debt Repayment and Updates on Tenant Agreements and Accounts

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Home REIT PLC ( (GB:HOME) ) has issued an update.

Home REIT PLC has successfully completed the repayment of loans from Scottish Widows, including additional fees, leading to the release of Scottish Widows’ charge over the company’s assets. The company has also agreed to a surrender with LTG Vision on 171 properties, with Lomond Investment Management taking over as property manager to ensure minimal disruption to residents. Additionally, Home REIT plans to release its historical accounts for the year ending August 2023 in January 2025, with the 2024 results following in the first quarter of 2025.

More about Home REIT PLC

Home REIT PLC is a company operating in the real estate investment trust sector, focusing on providing housing solutions. Its primary service includes managing a portfolio of properties aimed at addressing homelessness, thereby contributing to social housing needs.

YTD Price Performance: -99.88%

Average Trading Volume: 472,344

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £355.8K

For detailed information about HOME stock, go to TipRanks’ Stock Analysis page.

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