Walls & Futures REIT PLC: Disposal of Southfields Property (1257743)
December 14 2021 - 9:00AM
UK Regulatory
Walls & Futures REIT PLC (WAFR) Walls & Futures REIT
PLC: Disposal of Southfields Property 14-Dec-2021 / 14:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR),
transmitted by EQS Group. The issuer is solely responsible for the
content of this announcement.
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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
14 December 2021
WALLS & FUTURES REIT PLC
("Walls & Futures" or the "Company")
Disposal of Southfields Property
Walls & Futures REIT plc ("WAFR"), the Ethical Housing
investor and developer, are pleased to announce that it has
completed on the sale its residential property in Southfields for
GBP662,500 reflecting a premium of 1.9 percent to its valuation as
dated 31 March 2020.
The sale is in line with the Company's strategy, outlined in May
2021, to sell its Private Rental Sector ("PRS") portfolio and
reinvest the processed in Specialist Supported Housing.
Joe McTaggart, CEO of Walls & Futures REIT plc
commented:
"We're pleased to have completed on the sale of the final PRS
property. We are actively looking to reinvestment in Specialist
Supported Housing opportunities which have to date increased our
net asset value and revenue.
We are finalising the marketing materials for our housing
solution for individuals with Autistic Spectrum Disorder (ASD)
which will launch in the new year."
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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ISIN: GB00BD04QG09
Category Code: DIS
TIDM: WAFR
LEI Code: 213800CJV93R1FPNT553
Sequence No.: 130162
EQS News ID: 1257743
End of Announcement EQS News Service
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