Skip to content

UK
GLOBAL
Fiera Real Estate Global
CANADA
Fiera Real Estate Canada

Wrenbridge seeks new deals following spending spree

Image for Wrenbridge seeks new deals following spending spree

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off”][et_pb_row][et_pb_column type=”3_4″][et_pb_post_title _builder_version=”3.15″ comments=”off” featured_image=”off” /][/et_pb_column][et_pb_column type=”1_4″][/et_pb_column][/et_pb_row][et_pb_row][et_pb_column type=”2_3″][et_pb_text _builder_version=”3.15″]

Property developer Wrenbridge is “actively” seeking new opportunities following a spate of acquisitions this summer.

So far in 2018 the company has bought assets with a total gross development value (GDV) of £186m.

[/et_pb_text][/et_pb_column][et_pb_column type=”1_3″][et_pb_post_title admin_label=”Featured Image” _builder_version=”3.12.1″ title=”off” meta=”off” /][/et_pb_column][/et_pb_row][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.15″]

Ben Coles, chief executive, said: “The acquisitions all respond to the market demand in each of the particular locations. We are very careful about where we buy and how much we build, and this is bearing fruit as we have a nil vacancy rate across our total portfolio of close to 2m sq ft.

“We are actively seeking new opportunities of two acres upwards to further speculatively develop”.

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]