Social housing group expands portfolio with £7m acquisition

Triple Point
A social housing group has completed a hat-trick of new acquisitions as part of combined deals worth more than £7m. Triple Point Social Housing REIT has bought three supported housing properties, comprising 52 units in total, for an aggregate price of £7.1m. The properties are located in: Leicester (14 units); Manchester (27 units); and Wolverhampton (11 units). The group has entered into new full repairing and insuring (FRI) leases in respect of each of the properties, two of 20 years with the ability to extend to 25 year... You can carry on reading 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...