LONDON-The British Property Opportunities Fund has bought a commercial property in the Omega Works Building situated near the Olympic Park in East London with plans to develop flats there. The Fund, managed by Horizon Asset Management PLC, purchased 3,025 square feet of B1 space for an undisclosed price.
Horizon Asset Management is applying for planning consent to transform the property from a commercial perspective to residential use. Another party has already secured similar planning permission for adjacent property. For the full story, go to PropertyMall .
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