Eric Wright sets its sights on £100m target

16 Apr 2019 12:32
Published by: Kian French

BAMBER BRIDGE -based property and construction company, the Eric Wright Group (EWG), has set out its five-year plan to grow the property portfolio to £100million.

The statement of intent came as the group announced the completion of three investment deals totalling more than £6.5m.

The first transaction saw EWG complete the £2.325m off-market acquisition of Middleton Trade Park in Greater Manchester.

In a second deal EWG sold The Wool Exchange in Bradford for £1.6m. And in the final of the three deals EWG acquired Quantum House in Oldham for £2.765m.

Speaking about the deals, group portfolio manager for Eric Wright Group, Patrick Naylor, pictured, said: “Our focus is on building and strengthening the portfolio through strategic acquisitions, development and further investment.”

The group’s property portfolio is currently valued at £64million which is invested in 37 properties which are primarily located in the North West.”

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