Gersonhite - It has to be sold for religious use only and the homes where some JW's live cannot be part of the sale as they are owned by individuals but the WTBTS can offer to buy them out. So far an Islamic group and a Hindu group are interested in it.
Kim and Mike did a YouTube on this and Paul, the caretaker a couple of days ago.
It would be interesting to hear this story in whole.
The Watchtower was not allowed to own any houses in this property as it was registered for religious purposes only. The houses that were in the property were owned by Elderly JWs including Paul, the caretaker but the Watchtower could ask them to sell their properties to the Watchtower Trust and include them in the sale to make it more attractive to prospective buyers, if they agreed. Paul did not want this to happen and Kim reported that he gets to keep his property. Also the wall the Watchtower erected was found to be illegal.