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UK s Barratt looks to boost revenue with $212 6 million homes sale deal with Citra

Barratt Developments on Friday said it had agreed to sell 604 homes to Lloyds' private rental subsidiary Citra Living for 168.4 million pounds ($212.57 million) in cash, as Britain's largest housebuilder looks to diversify revenue.

Barratt Developments: UK s Barratt looks to boost revenue with $212 6 million homes sale deal with Citra, ET RealEstate

Barratt Developments: About 500 of the homes will be transferred to Citra s ownership by June 2024, while the remaining homes will be transferred the following year, Barratt said.

UK s Barratt looks to boost revenue with $212 6 million homes sale deal with Citra

UK s Barratt looks to boost revenue with $212 6 million homes sale deal with Citra
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