Civitas Social Housing buys five properties for £4m
Source - SMW
Civitas Social Housing said it had completed the purchase of give regulated social housing properties comprising 27 tenancies for £4.0m.
The properties were leased to Bespoke Supportive Tenancies, Chrysalis Supported Association and Encircle Housing, each of which was regulated by the Regulator of Social Housing.
They would be immediately income-generating, with an initial net yield in line with the company's expectations.
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