In 2018, in partnership with Europa Capital, we acquired 202 units for around £45million. The granular portfolio was comprised of Victorian rental properties primarily located across South West London, in the boroughs of Lewisham, Wandsworth, and Lambeth.
We have actively managed the properties to improve rental and capital values over a five-year period. The value of the portfolio at exit was realised predominantly by the sale of individual units to owner occupiers and investors with a total exit value of around £62 million.