Acquisition of commercial properties for local authority
Carter Jonas identified and acquired five commercial properties for West Oxfordshire District Council to help diversify its asset portfolio.
West Oxfordshire District Council (WODC) decided that it needed to diversify its asset base to balance its overall asset portfolio, and that a greater element of commercial property was required. Due to our pre-existing commercial relationship with the local authority, WODC regarded Carter Jonas as a trusted partner to deliver.
The brief was to find and acquire secure investment properties which were well located within strong economic areas, and which had provided a minimum return of 6%. Our team selected and purchased five individual properties on behalf of WODC, ranging from a multi-tenanted business park to major office buildings.
Partner - Head of Commercial Agency Oxford
Jon heads up the Oxford Commercial agency team and is involved with all aspects of commercial agency throughout Oxfordshire and further afield. Jon has been involved in commercial property since 199...