Soho’s soaring property market has boosted London-based Soho Estates’ property portfolio by £63.3m. The figures were revealed in the full-year 2014 results.
The 14.5% rise increases the value of the portfolio to £509m, including acquisitions, during the year of £7.3m.
Turnover at the property company – which is controlled by the late entrepreneur Paul Raymond’s family trusts – increased by about 21% to £28.7m, while profit before tax by increased by about 20% to £19.6m.
