LONDON-London & Stamford Property Plc has closed the purchase of the long leasehold interest at The Apartments, a 74-unit residential building with 30 car parking spaces at 131-143 Clapham Road in Oval, London. The company has acquired the long leasehold interest from Kilmorie Investments LLP for GBP 24.4 million.
The property comprises roughly 48,500 square feet of studio, single-bedroom and double-bedroom apartments. London & Stamford purchased The Apartments on a 999-year lease. Galliard Homes Limited developed the Clapham Road property. For the full story, go to PropertyMall .
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