Property JV To Buy £47M U.K. Office

Brockton Capital is acquiring a Notting Hill office and retail block in partnership with Development Securities.

Brockton Capital is acquiring a Notting Hill office and retail block in partnership with Development Securities, Property Week reports. The joint venture will pay a total of around £47.5 million for the acquisition. As a part of the deal, Brockton will be the owner of a 25% stake of the property and the rest will be owned by Development Securities. The transaction is expected be completed by the end of this month.

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