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Birmingham Post
Birmingham Post
Business
Coreena Ford

Trio of Teesside residential portfolios sold in £7m investment deal

A trio of North East property portfolios has been sold for more than £7m in an investment deal.

Houses with a total of 317 bedroom have been sold in the multimillion-pound transaction, which involved a private client of property firm Avison Young. The sale of the three off-market residential portfolios involved homes in Middlesbrough and Stockton.

Jamie Sim, of Avison Young’s Newcastle investment team, said: “We are very pleased to have advised our private client on three large separate off-market residential portfolios in Middlesbrough and Stockton.

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