The Collective completes MBO of £125m Old Oak

By Richard Hook2018-10-10T10:18:00

The management of The Collective Old Oak, the giant co-living scheme in west London, has acquired the remaining 75% stake of the development that it did not already own with backing from Deutsche Bank and buy-out specialist Catalina Re.

Led by founder Reza Merchant, the management of The Collective, have received backing from Deutsche Bank and Catalina Re to complete the deal which values the 546-bed residential development in north Acton at £125m.

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