Residential Secure Income (GB:RESI) has released an update.
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Residential Secure Income plc reported strong interim results with a 9% increase in adjusted earnings, robust rent collection, and high occupancy rates in retirement and shared ownership properties. The company is advancing the sale of its local authority portfolio to repay debt, focusing on independent living and shared ownership sectors. Despite market challenges, ReSI’s operations demonstrate growth potential amid the UK’s housing affordability crisis and demographic shifts.
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