Goldmoney Inc. Announces Third Property Acquisition in the UK
Retrieved on:
Friday, December 22, 2023
On December 22, 2023, Goldmoney Properties completed the acquisition of St James Place I and II, in Cirencester, Cotswold District, in the county of Gloucestershire, United Kingdom.
Key Points:
- On December 22, 2023, Goldmoney Properties completed the acquisition of St James Place I and II, in Cirencester, Cotswold District, in the county of Gloucestershire, United Kingdom.
- The two buildings were acquired by ABRDN and a subsidiary of Phoenix Group Holdings for £47.4 million in 2019.
- Statement from Roy Sebag, Founder and CEO of Goldmoney Inc.
“With the acquisition of St James Place I and II, Goldmoney Properties now owns three long-life high quality real assets totaling over 412,000 square feet. - “We set out to build Goldmoney Properties into a second diversified income stream for Goldmoney Inc. by deploying the excess capital we had earned over the 2020-2023 period.