ReSI buys £21.3m Luton apartment building

Luton map

Source: Shutterstock/SevenMaps7

Residential Secure Income (ReSI) has purchased a development in Luton leased to the local authority.

The 134 apartment building was bought for £21.3m and is let to the local authority on leases with an average remaining term of 7.3 years, which the company aims to extend or review.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue