Soho Estates has posted a loss in its latest accounts after the value of its property portfolio dropped by £15.5m to £1.1bn.
The company’s accounts for the year to 31 March 2023 show a pretax loss of £184,000 following a £108.9m profit a year earlier.
Revenue was up by a quarter at £37.1m.
The portfolio, the majority of which is in Soho, W1, includes the Ilona Rose House mixed-use scheme.
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