17/11/2019 by Buildington
CLS has exchanged contracts to acquire One Six Six for £13.8 million excluding costs. Completion is expected in January 2020.
Fredrik Widlund, Chief Executive Officer of CLS, commented:
“This property is a great fit for our UK portfolio as we already own a number of assets in the west London area, including nearby Hygeia on College Road where our in-house asset management initiatives have proven to be very successful. We believe that Harrow has significant opportunity for growth within Greater London from which we are well positioned to benefit. We continue to look for acquisition opportunities across our key markets that meet our investment criteria.”