Home REIT PLC (GB:HOME) has released an update.
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Home REIT PLC has successfully repaid its debt to Scottish Widows following the completion of property sales, marking a key milestone in its strategic wind-down plan. The company has sold or exchanged over 1,600 properties and plans to market its remaining assets valued at over £175 million. This repayment allows Home REIT to focus on returning capital to shareholders as it continues to manage the sale of its remaining portfolio.
For further insights into GB:HOME stock, check out TipRanks’ Stock Analysis page.
