Fusion completes purchase of Cardiff site from Picton
Picton Property Income Limited has completed the sale of a vacant office building in Cardiff to Fusion Group for £8.37m. Fusion will redevelop the building to deliver Longcross Court – a new purpose-built student accommodation (PBSA) scheme.
In October 2023, Fusion entered into a forward purchase agreement with UK listed REIT, Picton Property Income, to acquire the Longcross office building site upon receipt of planning permission …