Social Housing REIT reports dip in valuation of property portfolio

Chris Phillips, Social Housing REIT chair

Social Housing REIT (SOHO) posted a slight rise in rental income but reported a slip in the valuation of its property portfolio. The valuation fell 7.7% to £626.4m (2023: £678.4m), reflecting pricing for comparable transactions in the wider market, together with a ‘softening of valuation assumptions’ relating to properties leased to My Space Housing Solutions….

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