Avanta's £15m hat-trick

Serviced Office provider Avanta has bought three buildings for more than £15m. It now manages around 500,000 sq ft in 15 locations across the UK.

It bought the 51,000 sq ft Capital Place on Bath Road opposite Heathrow airport for £12.2m from Capital & Counties; a 8,800 sq ft building on Hanover Street, Edinburgh, from Fidra Investments for £1.85m; and a 9,000 sq ft building in Ancoats Urban Village, Manchester, from Kenmore Property Group.

By Property Week, 18/01/08