WW Advisors Buys Properties in Joint Ventures
A joint venture between Miller Developments, Ellandi and a Middle Eastern investment group advised by WW Advisors has purchased a UK retail property and an adjacent site as a development project. The venture acquired the Walnuts Shopping Centre in Orpington from clients of Aberdeen Asset Management, along with the Crown House, an adjoining vacant former job centre, which was acquired from Telereal Trillium.
“This deal presented the perfect opportunity for our continuing return to in-town shopping centre development,” says Phil Miller, chief executive of Miller Developments.
The new investment and development vehicle will construct in excess of 517 squar