Property management company increases portfolio to £77m

Property management company increases portfolio to £77m




.

After adding properties valued at £5 million to its commercial division, Altrincham-based Regional Property Solutions (RPS) now has approximately £77 million worth of property under its wing.

Among its latest acquisitions are 20,000 sq ft of retail offices, let to the Brighthouse Group at Queen Ann House on East Bank Street Southport, which have now been transferred by a private investor to his existing portfolio under RPS management.

Two other investment properties that now fall under RPS' management are a 50,000 sq ft transport depot let to Transport Development Group at Nab Lane in Bristall, and a 20,000 sq ft shop let to the Brighthouse Group at 96 West Borough, Scarborough.

Charles Murray, Managing Director of RPS, told The Business Desk: "This brings the value of commercial property currently under RPS management to circa £77 million encompassing approximately 6.35 million square feet from Newcastle-upon-Tyne to central London and confirms our ability to manage property throughout the UK."

Leave a comment