Deal could help improve investor sentiment towards the property investor
Thursday 04 Apr 2019 Author: Tom Sieber
Real estate investment trust Residential Secure Income ( RESI ) is acquiring 132 new build apartments in London’s Clapham Park, significantly boosting its exposure to shared ownership homes. This type of asset, where a first-time buyer acquires a portion of a property below market value and rents the rest, can be attractive because it provides two separate sources of return. This includes rental payments and service charges on the...