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Investment firm to buy and refurb thousands of low-EPC rental units

A property investment platform is to spend £1 billion buying and retrofitting thousands of homes in the private rental sector, The Times is reporting.

IMMO, a PropTech property investment platform, is to snap up over 3,000 homes across Britain and bring them up to an EPC C rating where possible.

The purchase programme runs until 2025 with the retro-fitting of energy efficient features to be completed by 2028, when it is thought likely that new EPC regulations will take effect.

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