Sirius Real Estate is making waves in the UK property market with its latest acquisition in Southampton. The company has finalized a deal to purchase Chalcroft Business Park and an adjacent development plot for a total of £40.5 million. This strategic move is set to boost Sirius's portfolio and generate substantial returns. Key Details of the Acquisition Chalcroft Business Park: Acquired for £36.5 million, this park spans 267,073 sq ft of warehousing space and 126,511 sq ft of outdoor industrial storage. Development Land: An additional 4.5-acre plot with outline planning permission was secured for £4.0 million, offering potential for future commercial development....
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Historic Estate Agents in UK Chestertons Now Shares Ownership Title with Swiss Equity Firm Emeria
In the latest property market news, one of UK’s heritage real estate Agents, Chestertons, was acquired by Swiss Private Equity Firm Partners Group, Emeria for a mysteriously generous sum of money! According to experts, the Emeria deal came as a blessing in disguise for the otherwise grappling financial situation, these 200-year-old estate agents in London were facing for a while. A joint statement released by the now Chestertons-Emeria Group stated, “In a move that will see substantial investment into the expansion of the 200-year old business. Chestertons will now operate within Emeria UK’s ‘Champions’ division”. While the UK real estate...
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