Luxgrove acquires Ferdinand Place on behalf of opportunistic fund

Luxgrove has acquired Ferdinand Place in the London Borough of Brent from Leverton & Sons on behalf of its opportunistic fund. 

William Mckenna, Founding Partner & Executive Director of Asset Management, says: “We look forward to working with the local community and the London Borough of Brent to unlock the potential and deliver a high-quality mixed-use scheme.” 

Luxgrove continues to actively invest across all funds and mandates it manages acquiring a variety of value-add and opportunistic real estate and distressed situations. 

Lachlan Ross, Chief Investment Officer, says: “Opportunistic and distressed investing is our foundational strategy as real estate investment specialists. We are consistently reviewing a wide range of opportunities to deploy capital across the changing economic environment and are selectively acquiring opportunities we like and believe in.”