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"Absolutely fantastic to see £200m investment in social housing across the Midlands and the North. Especially good that its going to tenants with disabilities. https://www.insidehousing.co.uk/news/news/social-housing-reit-exceeds-200m-investment-51274" The headline looks great, but that was as far as I could go without registering! As Will said, the devil is in the detail! A quick search on Civitas Social Housing plc and this came up... https://www.propertytribes.com/civitas-social-housing-plc-t-127627735.html 25 year contracts with initial yields at 6%+ and then cpi / cpi+1 annual rent increases... Highway robbery!! Sounds like the tenants were better off as they were! | |||
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