The RO acquires development plot for £2.45 million on Solstice Park in Wiltshire

Further investment in key strategic location

The RO is pleased to announce the acquisition of a nine acre development plot that has been purchased for £2.45 million from Amesbury Property Company Limited.  The site has the potential for industrial, distribution and trade counter units, and will benefit significantly from the A303 infrastructure improvements in a key regional gateway location.

Offering a range of development opportunities, the land is situated on Solstice Park, near Amesbury, in central southern England and in very close proximity to the RO’s existing restaurants assets acquired in 2013.

As commercial interest in the area grows this new development will provide a strategic location for businesses to develop their presence in an area providing good access to Southampton, Bristol and the broader South West of England.

This purchase continues the RO’s strategy for investing in target areas of the South of England such as Southampton and Bristol where the prospects for growth and development remain attractive. Additionally, the RO owns Metis Homes, operating across Hampshire, Surrey, Sussex and Wiltshire, which recently won the Gold Award at the WhatHouse awards for Best Small Housebuilder in the UK.

David Kershaw, General Manager, RO Real Estate commented:

In a crowded market we believe that there remains opportunity to be found in regional investment, particularly as businesses look for well located, quality and affordable space. The south of England, where much of our strategic focus has been, continues to thrive.  Bristol for example was just named the top Global Smart City, beating off competitors such as Dubai and New York, and we see significant long-term value and underlying potential in this and our other recent acquisitions.”

Not only is the Solstice Park site complementary to our existing assets in the area, but it secures an opportunity that will benefit significantly from the South West Expressway infrastructure improvements planned for in the coming years.
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