BauMont makes first UK investment with London property

BauMont makes first UK investment with London property
24/09/2019 , by , in INTERNATIONAL

BauMont Real Estate Capital (BauMont) has completed its first investment in the UK with the acquisition of a 182-property portfolio.

The portfolio, comprising 182 South London apartments of mostly converted Victorian and Edwardian houses let on assured shorthold tenancies, has been acquired for an undisclosed sum in the region of £37m.

BauMont, which has offices in London and Paris, completed its maiden investment in the UK with operating partner Addington Capital, acquiring the residential portfolio from a private family office.

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