ReSI buys retirement home portfolio

Retirement Homes

Residential Secure Income (ReSI) has paid £40.2m for a 478-property retirement homes portfolio from Places for People, one of the UK’s leading housing associations.

The portfolio consists primarily of one-bedroom flats and is located across 284 purpose-built retirement schemes, with over 93% located in southern England, including Greater London. The properties are held on a long leasehold basis, with a weighted average unexpired lease term of 92 years.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now