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Home REIT sells 65 more properties for £15.9m as total assets offloaded near 800
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In a stock exchange notice today (19 April), the trust said the properties are in line with JLL's August draft valuation, and represent 4.8% of its portfolio by value. The properties were sold at a public auction on 18 April. AEW UK Investment Management took over as Home REIT's new manager and alternative investment fund manager in August last year, after an internal investigation raised concerns about Alvarium's handling of the trust's property portfolio. AEW Europe CEO Wilkinson: We are 'halfway through' Home REIT's stabilisation phase As part of the new manager's plan to turn a...
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