Social housing investor expands presence with £13.8m investment
Social housing investor Civitas has expanded its presence in the East Midlands as part of a £13.8m investment.
The company has completed the purchase of two regulated social housing portfolios for a total value of £13,771,333.
The properties are situated in Leicestershire and Gloucestershire and together, comprise the freehold interest in 11 properties, with 69 tenancies.
Civitas said the properties were immediately income generating with an initial net yield in line with its expectations.
Both transactions have been sou... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
