Sale of St George's House in Brighton

The RO is pleased to announce the disposal of St George’s House in Brighton to Bravo Property Limited (“Bravo”) for £1.2 million.  Bravo is a well-financed and respected local residential and student property developer and is well-known to RO’s local agent, Graves Jenkins. 

During the last couple of years, in line with its stated growth strategy, the RO has disposed of a range of property assets for a combined total in excess of £25 million, which has prudently been re-invested in existing and new properties, development projects, and strategic land acquisitions across its preferred geographic region of the South of England and Oxford-Milton Keynes-Cambridge (‘CaMkOx’) Arc, which the RO consider to be areas providing key future growth for the UK’s economy.

David Kershaw, Group Real Estate Director, RO Real Estate said: 

This has been a very active and productive time for the RO.  We consider very carefully the timing of our acquisitions and disposals and we are extremely pleased with the sale of St George’s House to Bravo, which provides further capital for us to reinvest in expanding our portfolio.

We have also recently invested further in existing assets which are best placed to take advantage of regional growth drivers. These include Silbury House in Milton Keynes; our flagship Dakota building, located in Weybridge, Surrey, which was recently confirmed as the first multi-tenanted building in Europe to receive Fitwel certification; and One Dorset Street in Southampton, which has also received Fitwel certification – the first building in Hampshire to do so.

We will continue to invest in our existing portfolio as well as seeking new acquisition opportunities that fit our strict strategic and geographic criteria.
RO Real Estate 020 7025 1780 [email protected]
John West Belvedere Communications 020 3735 8896 [email protected]

RO Real Estate and its various sister companies are wholly owned subsidiaries of the RO which is a family owned group of companies established in 1932.  The RO has always invested in a diverse range of interests which today embraces commercial property, housebuilding, holiday lodges and financial services.

RO Real Estate, the commercial property division, has built over 1.1 million sq ft to date and currently manages c700,000 sq ft of office, industrial, retail and hotel accommodation.  All acquisitions are funded through its existing cash resources, meaning that it is able to move quickly if the appropriate investment criteria are met.

RO’s housebuilder, Metis Homes, builds modern homes with traditional values and has created a diverse portfolio of bespoke, high quality homes in prime locations – from traditional properties in rural settings to contemporary town centre schemes. 

In 2017, Metis’ achievements were recognised at the What House Awards, acknowledged by the industry as ’the housebuilding Oscars’, where they were presented with the Gold Award for Best Small Housebuilder.

RO Real Estate website