Real Estate
UK's FORE Partnership Expands Regional Portfolio

FORE Partnership, the co-investing property platform catering for family offices and private investors, announced yesterday it has launched a new telecoms, media and technology “supercentre” in the middle of Leeds, northern England.
FORE
Partnership, the co-investing property platform catering for
family offices and private investors, announced yesterday it has
launched a new telecoms, media and technology “supercentre” in
the middle of Leeds, northern England.
Situated in Greek Street, the 83,000 square foot building will go
through a large refurbishment to TMT office space. FORE’s
acquisition marks the expansion of its portfolio including the
redevelopment of 58 Victoria Embankment in central London and New
Telecom House in Aberdeen, Scotland.
“This investment decision has been made following the success of
the TMT developments in London,” FORE managing partner Basil
Demeroutis said.
The purchase was completed in early September with Knight Frank’s
Leeds office and Lewis Ellis acting as agents for FORE.
Lloyds Bank was senior lender on the acquisition, according to a
statement. FORE has retained Knight Frank and DTZ as joint
letting agents and will be launching the repositioned building
into the market early in the new year.
FORE Partnership’s co-founders are Demeroutis, previously a
partner of Capricorn Investment Group, a private investment firm,
and Cording Group, the European property investment and asset
management firm. FORE was established in 2012.