£21m of deals for property company

Hamilton Heath Estates, the North West specialist in multi-let industrial properties has celebrated its ninth deal in the last 18 months totalling £21m.
 
The latest deal was the acquisition of Phoenix Business Park in Speke, near Liverpool.

Phoenix Business Park is a six-acre, 132,000sq ft multi-let industrial Estate based in an established and popular location.
 
Hamilton Heath has recently sold seven properties totalling £18m.

Julie Ann Forbes, head of sales and marketing, said: “This has been an exceptionally busy time for Hamilton Heath as we have been selling numerous parts of our portfolio, with the benefit of having  cash to reinvest in suitable properties.

“We are very pleased that we have now completed the purchase of Phoenix Business Park.

“We are continuing to invest money in our core portfolio and have some very exciting expansion plans in the pipeline – whilst we are still continuing to look for suitable properties to acquire that will complement our existing sites.”

Claire Beaumont, commercial property partner at Gorvins Solicitors, acted on behalf of Hamilton Heath Estates.