The transaction involved the acquisition of land required for the scheme from Watkin Jones, in conjunction with a development funding agreement with them.
Tungsten Park is a 25-acre consented development site, strategically situated 500m from a new junction of the A40 allowing easy access to Oxford and the surrounding area.
This is Mantra’s first serviced apartment deal in what is a rapidly expanding area of the real estate industry.
This was a complex tri-partite arrangement with Bondcare taking full control of Darrington’s operational care home business, and Target REIT taking over the real estate freeholds of five care homes.
In our new briefing, Tom Jarvisand Hetan Ganatra discuss the increasingly common ground rent transactions and the practical benefits this transaction may have on real estate owners and companies.
Fraser’s acquisitions support its strategy of expanding its international presence and recurring income sources.