Home REIT has exchanged contracts for the sale of 706 properties to Patron Capital in a deal worth £123 million. This transaction represents the vast majority of the company's asset portfolio. Completion is expected by 1 April 2026 with a secured payment structure in place. While the board intends to return capital to shareholders, the timing remains uncertain due to ongoing potential litigation and legal claims against the company.
H&R REIT has entered agreements to sell retail and office properties across Canada and the United States in transactions totalling $1.5 billion. The sales, which align with the trust’s ongoing simplification strategy, will see proceeds directed toward reducing debt and shifting the portfolio further toward residential and industrial assets.
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