Property investment firm completes £6.7m of new acquisitions

Helmsley Group, the York-based property firm has taken its portfolio to in excess of £130m following the completion of several new acquisitions.

Recent transactions include a Lloyds Bank in Worcester, a leisure unit near Leeds railway station and a retail unit with upper floor offices in York city centre.

A mixed-use scheme in Cheltenham is also due to be exchanged shortly.

Edward Harrowsmith, head of Syndicated Investment at the Helmsley Group, said: “It’s been a busy period for us and these properties provide further diversification for our investment portfolio.

“The investment market remains unpredictable, with some astonishing yields being achieved this year across all the property sectors. I believe next year the market will start to cool a little, with more realistic pricing returning.”

Colenso Property Services LLP, trading as Colenso, has also been appointed as Managing Agents on the above acquisitions.