Home REIT tenants Redemption Project CIC and Serenity Support CIC have entered into creditors' voluntary liquidations, adding to the disruption facing the embattled trust.
The liquidation of Redemption Project CIC, representing 11% of rent demanded in June and a tenant of 152 properties, will be overseen by Begbies Traynor Group, while Serenity Support CIC, representing 1% of rent demanded in June and a tenant of ten properties, will be liquidated by Cornerstone Business Recovery. 'The circle is collapsing': How a demolished house in Lancashire uncovered Home REIT's broken business model Redemption Project CIC's liquidation marks the second tied to Gurpaal Singh Judge, who is listed as a director of the vehicle and was also a director of Lotus Sanctuary...
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