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ARCHIVE NEWS |
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Coplan buys £12m London portfolio |
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Sept 2007 - Estates Gazette Mixed-use developer Coplan Estates has bought a portfolio of five residential-led developments in south west London for £12m.  The developments are 65,000 sq ft in total, ranging from 2,000 sq ft to 21,000 sq ft in size each, and are in Putney, Wandsworth, Colliers Wood and Twickenham. The sites have planning consents for a variety of uses including offices, retail and leisure. The units were constructed by Taylor Wimpey, and Coplan bought the sites with The Royal Bank of Scotland. Construction on the sites should be completed by the end of the year. Paul Stanley, director of Coplan, said: “RBS’s experience in real estate finance and regeneration projects is invaluable and its financial strength gives our venture the ability to compete in this market.” Coplan was set up in April last year by Nick Doyle and Colin McQueston from St Modwen and Stanley, who was previously from niche property consultant Corpra. The group’s first acquisition was a 28,000 sq ft office/retail development in Barking last June, and in August they were selected along with Bellway City Solutions and Metropolitan Housing for the £100m regeneration of Ilford town centre. |
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