Acquired in joint venture with an investment partner. Both properties were already tenanted and cash-flowing on day one. The vendor held one property personally and one through a limited company — so rather than a standard purchase, the second deal was structured as a share acquisition of the vendor’s company, reducing Stamp Duty Land Tax liability at the cost of higher legal fees to execute correctly.

Acquired in joint venture with an investment partner. Both properties were already tenanted and cash-flowing on day one. The vendor held one property personally and one through a limited company — so rather than a standard purchase, the second deal was structured as a share acquisition of the vendor’s company, reducing Stamp Duty Land Tax liability at the cost of higher legal fees to execute correctly.