Palmhurst Residential Property Fund reacquires landmark City building

Palmhurst Residential Property Fund is delighted to announce the reacquisition of River House, Minories, London EC3.

The landmark mixed-use building in the City of London includes fifteen luxury apartments all let on AST agreements and a well-regarded restaurant.

This comes 20 years after we initially acquired the property and obtained planning permission for a mixed use scheme before selling to a house builder for £930,000. The Fund reacquired the building for £8,450,000 and it will be retained within our investment portfolio.

The acquisition now takes the value of the portfolio to in excess of £50 million.


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