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Southern buys 173 flats in Sussex

Southern Housing Group has bought 173 flats in Sussex from A2Dominion.


It paid £13.5m for the assets, which are in Brighton & Hove and Lewes.


Stephen Ross, reinvestment director at Southern Housing Group, said: “The successful conclusion of this stock transfer of a mixed tenure portfolio responds to the group’s stock rationalisation strategy to maximise resources within our heartland areas.”


Faithorn Farrell Timms advised the buyer.


joanna.bourke@estatesgazette.com


 

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