The asset was acquired by a private investor client of Paul Modu at Knight Frank, in a deal reflecting the continued demand for retail investments let off rebased rents and offering genuine value-add angles - in this case the potential for residential conversion. Great to work with James Valentine on anther transaction.
If you’re considering options for your property portfolio and want to secure the best advice in an evolving market, we’d love to have a conversation. Do get in touch with the FMX Investment team - Graham Fawcett, James Mead, Tom Heptonstall, Patrick Kilvington and Oliver Smart.