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Midlands-based property developer and asset manager, Rotherhill Developments has completed several acquisitions in the first half of 2024.
Sites acquired include industrial premises in Nottinghamshire, Rugby, King’s Lynn, Barnsley and Leicestershire, expanding the business’s geographical reach.
Out of the six sites, five are income-producing with short-to-mid-term lease events.
The 50,000 sq ft Rugby premises are currently vacant, with the developer committing over £1m to a building contract to future-proof the site.
Owner, Paul Bagshaw said: “It’s been a busy period for us having recruited Stuart Waite from Commercial Property Partners, promoting Ed Jeffrey to Director in recognition of all his hard work over the last five years, and in addition, managing to acquire six assets totalling some £15m with our long-standing partners and funders.”
“The assets purchased
link source - The Business Desk