Home REIT receives offer to buy group as it reveals ‘serious deterioration’ in rent collections

By David Parsley2023-02-16T08:51:00

Troubled social housing group Home REIT has told investors that it may put the company up for sale following a report into its portfolio showed a “serious deterioration in rent collections”.

The group also revealed is had received an unsolicited approach from Bluestar Group to buy the company with cash.

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