09 October 2014
Telereal Trillium has purchased The Merchant Portfolio from an undisclosed party, who were advised by Gerald Eve.
The Merchant Portfolio contains a mixture of commercial properties, comprising four single-let buildings located in Dudley, Welwyn Garden City, Coventry and Maidstone. It offers a number of active management opportunities.
The properties are fully let to The Secretary of State for Communities and Local Government, NHS Property Services Ltd, The Office of Qualifications and Examinations Regulations (Ofqual), and Magnet Ltd.
Matt Walsh, Commercial Estate Director at Telereal Trillium said: “We are delighted to add this purchase to our portfolio. As a company, we are more known for doing large, complex property deals, but we are equally interested in opportunities where we feel there are significant, viable prospects to add value; and this was very much the case with The Merchant Portfolio.”
Telereal Trillium were advised by Allsop.