Real estate firm acquires 13-unit site in central London regeneration scheme
A real estate investment company has expanded its central London portfolio with a new acquisition.
Aprirose has purchased Dick Collins Hall, a freehold residential building located on Redhill Street adjacent to Euston Station and Regent’s Park, from residential developer Lovell.
The recently built property is situated in the heart of a central regeneration project covering 54 acres around Euston, which consists of a £1.8bn transformation of the station and surrounding area set to be delivered in 2026 with the arrival of HS2.
Meenal Devani, chief investment officer at Aprirose, commented: “We are pleased to have secured this acquisition.
“The property benefits from a prominent location in an area which is the focus of significant investment over the next five years.
“With its strong fundamentals and resilience during uncertain times, we remain committed to the residential sector as part of our growth strategy and continue to look for opportunities in this attractive area for investment.”