Major property player advised on multi-million pound acquisition

25th February 2021

Our team has advised a client of Yorkshire-based property company YPP Lettings on their latest acquisition.

Property management and lettings company YPP Lettings, focus on student and professional accommodation in the residential sector. They have acquired Jefferson House, 27 Park Place in Leeds for an undisclosed amount on behalf of their client. The location is in a highly sought-after office building in Leeds city centre, which is currently occupied by the Crown Prosecution Service.

The strategic deal follows the purchase of a number of properties, which our commercial property team advised on, and marks another milestone in the group’s continued growth.

“We are pleased to have acquired 27 Park Place for a valued client of ours. The service we receive from Farooq is excellent and his commitment and commercial approach is appreciated by us.” YPP Lettings.

Farooq Zar, partner in our commercial property team, added: “I am pleased once again to act for YPP’s client on the purchase of such a high profile property in central Leeds. The purchase demonstrates their commitment to the city and development of their commercial offering.”

If you are looking to grow or develop your business premises, our commercial property team is here to help –get in touch.

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enquiries@schofieldsweeney.co.uk

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