Walls & Futures REIT plc (“WAFR”) the Ethical Housing Investor and Developer announces that it has completed on the sale of its freehold property in Wimbledon Park for £656,000 before costs which reflects a 2.9 per cent discount to its valuation, as included in the annual valuation dated 31 January 2020, as announced on 11 February 2020.

Joe McTaggart, CEO of Walls & Futures REIT plc said:

“We are delighted to have completed the transaction despite the challenging economic backdrop and highlights the underlying strength of our London residential portfolio. 

We will continue to review our assets in the Private Rental Sector with a view of recycling the capital to make further investments in Specialist Supported Housing.”