27 Jun 2011

VBRi Sells Crescent Court Business Centre

27th June 2011 – VBRi, the balance sheet vehicle of M7 Real Estate has sold the Crescent Court Business Centre to the Milton Group for an undisclosed sum. The estate consisted of 8 units and 18,645 sq ft and is located in Canning Town, London.

Charles Alcock, the partner at M7 who managed the sale commented “The sale of Crescent Court is part of VBRi’s strategy of exiting assets where we have been able to add value through the letting of vacant units and our general asset management.”