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Starwood/Catalyst buy £43m PPG portfolio

Starwood Capital Group and Catalyst Capital have bought a portfolio of UK properties from the Premier Property Group for around £43m.
By James Buckley
January 22, 2014 | 10:14 P.M.

The portfolio of 10 properties comprises: Princes Mall in Edinburgh (located adjacent to Waverly Station); three multi-let office buildings -- including Kingsgate in Redhill and 26 Cross Street in Manchester; a multi-let industrial estate in Edinburgh; two single fully let industrial units; a retail parade in Lands Lane, Leeds; and two development sites. 

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