Civitas completes acquisition of property portfolio

Civitas Social Housing has completed a £15m acquisition of a supported living property portfolio, with an initial net yield of 6.5%.

The portfolio comprises the freehold interest in 17 supported living properties in Gloucester, Weston-Super-Mare, the Wirral and Durham. The portfolio was sourced off-market by Civitas Housing Advisors Limited , the company’s investment adviser.

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