Secure Income REIT Reaches $604M Deal For 2 Portfolios

By Andrew McIntyre (March 9, 2018, 4:49 PM EST) -- Secure Income REIT PLC has reached a deal to buy a pair of portfolios, both of which have hotels, for £436 million ($603.9 million) and is also selling £315.5 million of shares in order to partially finance the purchases, according to an announcement from the U.K. real estate investment trust on Friday....

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