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Criterion swoops again in Croydon for PRS drive

Asif Asiz’s Criterion Capital has bought another large-scale office block in Croydon for conversion to residential as the company’s focus on building a private rented portfolio continues to sit well with a major trend for office to resi change in the Greater London borough.
CoStar News
November 27, 2013 | 8:00 P.M.

Criterion is understood to have paid F&C REIT Asset Management, acting on behalf of Friends Life, in excess of £5m for the 56,816 sq ft 5 Bedford Park within the main office core in central Croydon.

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