Triple Point Social Housing REIT Plc Finalises Acquisition Of 18 Supported Housing Properties

  • Oct 23, 2019 BST
  • Team Kalkine
  • Triple Point Social Housing REIT Plc (SOHO) has finalised the acquisition of eighteen supported housing properties.
  • The properties, which include 77 units in total, for an aggregate commitment of around £11.6 million excluding costs.
  • The company has already entered FRI leases with specialist housing associations in respect of each of the properties acquired for periods ranging between 20 -25 years.
  • On 23rd October 2019, at the time of writing, GMT 08:01 AM, SOHO shares were trading at GBX 91.00, up by 1.20 points or 1.34% against the previous day closing price.

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