
Billericay
Overview
Advised a UK local authority on the acquisition of a substantial residential asset within the borough, identified as a strategic solution to meet temporary accommodation requirements. The acquisition enables the council to bring accommodation in-house, delivering significant cost savings versus traditional short-term leasing arrangements while improving security of supply and operational control.
Location
Billericay
Sector
Residential
Client
Local Authority
Transaction
Acquisition
Status
Completed
Value
£10m - £15m
Project Description
Strategic acquisition of an unbroken residential development
Outcome
Off-Market acquisition delivering critical housing and substantial cost savings for the Local Authority

