Residential Secure Income (GB:RESI) has released an update.
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Residential Secure Income plc (ReSI), a UK-focused real estate investment trust, has fulfilled 25% of its fund management fee through the acquisition of 117,669 Ordinary Shares at an average price of 58.95 pence, to be locked-in for a minimum of 12 months. The shares pertain to an agreement with Gresham House Asset Management Limited and reflect ReSI’s commitment to investment in affordable housing and inflation-linked returns. ReSI operates within the social housing regulatory environment and partners with housing developers to meet the growing demand for affordable homes.
For further insights into GB:RESI stock, check out TipRanks’ Stock Analysis page.
