Elmbridge Council acquires £17m mixed-use Weybridge portfolio

Weybridge

Brunswick Real Estate has sold a portfolio of properties in Weybridge to Elmbridge Borough Council for £17.1m, in the latest major local authority property investment this year.

In 2018 councils spent a total of £1.82bn on commercial property according exclusive data from Savills revealed by Property Week earlier this month. Elmbridge formed a key part of that spend having acquired Sandown Industrial Park in Esher from Milton Group in January 2018 and had 13 Investment properties within its portfolio valued at £74m in its latest annual results.

Its latest acquisition adding to that portfolio totals 37,351 sq ft and comprises a freehold estate of five residential, retail and office holdings around Church Street and High Street in Weybridge in Surrey.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue