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Four Home REIT properties uncovered as sophisticated cannabis grow operations

News RoomBy News RoomMarch 26, 2024
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The largest of the four properties is a 4,833 square foot semi-detached Victorian house set over four storeys, with more than 13 rooms, overlooking a cricket ground in the English seaside town of Scarborough in North Yorkshire.
According to documents reviewed by Investment Week, Home REIT paid £725,000 for this property in October 2021. The seller was Liverpool-based developer Pathway Homes Group, which paid £420,000 for it in the same month, Land Registry documents show.
‘The circle is collapsing’: How a demolished house in Lancashire uncovered Home REIT’s broken business model
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