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Living REIT plc is transferring 29 leases to Inclusion Home CIC to help manage risks and keep rent coming in.

DealRead the original at investegate.co.uk
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Living REIT moved 29 leases from a tenant with financial trouble to its largest lessee, which currently pays all rent due on its other leases. The last property will be sold, but expected steady rent and a stronger tenant make this favorable; any property-value gain is only a possibility.

LIVE · Living REIT plc

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The change replaces a tenant facing financial trouble with the group's largest lessee, which currently pays all rent due on its existing leases. That supports rent collection and resident continuity. Management expects no rental-income loss and sees a possible property-value gain, though that gain is not certain.

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