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Walls & Futures REIT sells Wimbledon property for £656,000

"We will continue to review our assets in the Private Rental Sector with a view of recycling the capital to make further investments in Specialist Supported Housing."

Walls & Futures REIT PLC (LON:WAFR), the ethical housing Investor and developer, has sold a freehold property in Wimbledon Park for £656,000.

The price, which is before costs, represents a 2.9% discount to its valuation on 31 January 2020, said the investment trust.

Joe McTaggart, chief executive, added: "We are delighted to have completed the transaction despite the challenging economic backdrop and highlights the underlying strength of our London residential portfolio.

"We will continue to review our assets in the Private Rental Sector with a view of recycling the capital to make further investments in Specialist Supported Housing."