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Home Care Markets Business Social Housing REIT reports dip in valuation of property portfolio

Social Housing REIT reports dip in valuation of property portfolio

Chris Phillips, Social Housing REIT chair

Social Housing REIT (SOHO) posted a slight rise in rental income but reported a slip in the valuation of its property portfolio. The valuation fell 7.7% to £626.4m (2023: £678.4m), reflecting pricing for comparable transactions in the wider market, together with a ‘softening of valuation assumptions’ relating to properties leased to My Space Housing Solutions….

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