Investor Requirement - Purchasing of UK Development sites

Red Chilli has been mandated by a substantial institutional investor to identify development sites for sale according to the following outline criteria:

• Minimum purchase price of £2m – no maximum (purchase price must represent a discount to RICS valuation)
• All asset classes considered although sites without planning consent may also be of interest (these sites should be allocated or have a strong planning angle)
• Sites intended for large flatted residential schemes are of least interest
• The UK is the preferred geographical location but others will also be considered

For further details contact Alex Anderson - alex@redchilli.com or James Thomlinson - james@redchilli.com on: 0845 210 5000

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