Home REIT has successfully offloaded another 65 properties for £15.9 million on 18 April at a public auction, indicating continued progress in their portfolio restructuring. This latest sale increases the total properties sold or under contract to 773, accounting for over a third of the trust’s holdings prior to the sales initiatives.

The properties sold match the valuations provided by JLL in August, representing 4.8% of the trust’s overall portfolio value. This transaction marks another step in Home REIT’s strategy under the new management of AEW UK Investment Management, which took control in August following an internal review of former manager Alvarium’s property handling. To date, the cumulative sales under the new management have generated £111.4 million, aligning closely with the forecasted valuations. This confirms Home REIT’s methodical approach in addressing past management issues and stabilizing