Isle of Thanet, CT12 Ref: 24698

Acorn's niche Corporate Asset Services team concluded the marketing and successful sale of a portfolio of apartment blocks on the East Kent coast in early 2014. Acting on the instructions of LPA Receivers (appointed by Kent Reliance Building Society), we undertook a local, regional and national marketing campaign in order to generate interest in the portfolio of 19 apartments split across three individual blocks.

Considerable interest was generated, and a number of competitive offers received. An agreement was reached with a private investment firm, and the sale managed to a strict timetable.

Our Corporate Asset Services team does much more than simply manage sales on behalf of banks, building societies, charities, institutions and administrators. We have the expertise and patience to conceive and implement bespoke asset management strategies to ensure the best possible result for our clients. Best of all, we operate nationwide!

PROJECT ADDRESS: Portfolio of investment properties, Isle of Thanet, Kent

Client: The Joint LPA Receivers Mr N London & Mr D Mason

Project Value: £2,165,000

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