Walls & Futures REIT - Sale of Property
RNS Number : 8275P
Walls & Futures REIT PLC
12 June 2020
 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

12 June 2020

WALLS & FUTURES REIT PLC

 

 ("Wall & Futures" or the "Company")

 

Sale of Property

 

Walls & Futures announces Wimbledon Park disposal

 

Walls & Futures REIT plc ("WAFR") the Ethical Housing Investor and developer announces that it has completed on the sale of its freehold property in Wimbledon Park for £656,000 before costs which reflects a 2.9 per cent discount to its valuation, as included in the annual valuation dated 31 January 2020, as announced on 11 February 2020.

 

 

Joe McTaggart, CEO of Walls & Futures REIT plc said:

 

"We are delighted to have completed the transaction despite the challenging economic backdrop and highlights the underlying strength of our London residential portfolio.

 

We will continue to review our assets in the Private Rental Sector with a view of recycling the capital to make further investments in Specialist Supported Housing."

 

 

-ENDS-

 

 

For further information, contact:

 

Walls & Futures REIT PLC                                                                             0333 700 7171     

Joe McTaggart, Chief Executive

Website www.wallsandfutures.com

 

 

Allenby Capital Limited (Corporate Adviser)                               

Nick Harriss/James Reeve                                                                            020 3328 5656

 

 

 


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