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Residential Secure Income Nears Completion of Retirement Portfolio Sale to Living REIT

MT Newswires·07/15/2026 04:20:48
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04:20 AM EDT, 07/15/2026 (MT Newswires) -- Residential Secure Income (RESI.L) expects to complete the sale of its retirement portfolio to Living REIT (SOHO.L) on Thursday. The UK-listed real estate company said Wednesday that all required conditions for the disposal of the portfolio, comprising 1,907 senior living rental flats and 256 housing manager flats, were fulfilled. The buyer will issue 66,103,233 new shares to Residential Secure Income as initial consideration shares.