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“Throughout the Brexit Saga, Consulco has identified quality high street properties in selected central London locations for its latest investment property vehicle, Sparta Capital Properties. These locations benefit from large-scale public infrastructure projects, substantial private development initiatives and rapid area regeneration. Most of the properties acquired have development potential.” said David King, Consulco London Real Estate Director.
The properties recently acquired by Sparta Capital Properties were purchased with equity and debt, with a significant part of the debt interest rate hedged by Consulco at the lowest rate in its recent cycle.
“We believe that our new property vehicle, Sparta Capital Properties, will generate substantial profits in the years to come as a result of carefully selected property acquisitions, their development profit potential, improving area rental growth potential and the low funding cost achieved”, comments Michael Tannousis, Director of Investment Services.
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