Home REIT PLC (GB:HOME) has released an update.
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Home REIT PLC reported successful property sales, with 101 properties recently auctioned for a collective £18.5 million, exceeding their projected values by 4.8%. This is part of a larger sales effort since August 2023, totaling £181.2 million from 987 properties sold, aligning with earlier valuations. The proceeds are slated to reduce company debt and bolster working capital.
For further insights into GB:HOME stock, check out TipRanks’ Stock Analysis page.
