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The latest update is out from Residential Secure Income ( (GB:RESI) ).
Residential Secure Income plc has completed the sale of Wesley House in Luton for approximately £15 million, slightly above its previous valuation. The proceeds will allow the company to fully repay its debt to Santander, aligning with its strategic focus on independent retirement rentals and shared ownership as part of its managed wind-down strategy.
More about Residential Secure Income
Residential Secure Income plc (ReSI) operates in the real estate sector, focusing primarily on independent retirement rentals and shared ownership residential properties.
YTD Price Performance: -7.82%
Average Trading Volume: 412,084
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £100.4M
For a thorough assessment of RESI stock, go to TipRanks’ Stock Analysis page.
