Hamlins has successfully advised on the acquisition of the entire issued share capital of property investment company, MGV Investments Ltd.
The target group owns freehold and leasehold properties in Eade Road, London and High Street, Slough with a total combined rental income of c.£320,000 p.a.
The acquisition represents another strategic investment for the buyer, who continues to expand their real estate portfolio in England and Wales through targeted opportunities.
John Leasure, partner at Hamlins LLP, commented:
“While market conditions continue to be challenging in many sectors, acquisitions such as this show the robust nature of real estate investment opportunities in key areas of the country.”
John Leasure and Roger Pointon at Hamlins acted on behalf of the buyer with Luke Vignali and Philip Deja of Streathers acting for the vendors.
Paul Stone of Christo & Co acted as agent for the purchaser.
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