24 new build homes acquired in deal worth £18m
24 new build homes in Pontefract has been acquired by a private equity fund as part of a deal worth nearly £18m.
Hearthstone Investment Management Limited announced its private equity fund, Hearthstone Residential Fund 1 (HRF1), exchanged contracts for the purchase of 81 houses for a total of £17.9m from two housebuilders.
HRF1 has purchased 72 two, three and four-bedroom houses scheduled to be completed in 2019 for a phased delivery between January and December.
As well as Pontefract, the new build homes are located in E... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...