5 May 21
Triple Point Social Housing REIT plc announces purchase of Kirkdale House as it targets further sustainable growth
Triple Point Social Housing REIT plc (Ticker: SOHO) has purchased Kirkdale House, in Stockton-on-Tees, for £4,710,000 (including purchaser costs), as it seeks to meet the critical demand for specialised supported housing. This deal was initially announced in an RNS on 9 March 2021.
Head of Property Investment, Max Shenkman, comments: “We are delighted to announce the launch of Kirkdale House. It will provide best-in-class accommodation for many years to come with the full support of the Local Authority, and is part of our mission to help address the significant demand for more high-quality community-based accommodation for some of the most vulnerable people in society.”
To read the press release click here.
To find out more about SOHO's portfolio, visit the website.