Baltic Village scheme sold for £50m
Liverpool-based developer Promenade Estates has completed the sale of its Baltic Village PRS scheme to Hermes Investment Managers and Vista Fund for more than £50m.
Following a 30-month construction period under a JCT contract with Balfour Beatty, Promenade has handed over the keys to all 324 units on the development.
The units enjoy views across to the city’s famous Albert Dock and Pier Head and provide a mix of one, two and three-bedroom homes.
It remains the only ‘true PRS’ scheme to be developed and sold in the cit... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
