BDO to raise £38 million

Business advisers BDO Simpson Xavier, in association with AIB Bank and estate agents Hamilton Osborne King, is to raise £30 million…

Business advisers BDO Simpson Xavier, in association with AIB Bank and estate agents Hamilton Osborne King, is to raise £30 million (€38 million) to invest in British residential property.

An investment company, Premier UK Residential Real Estate, has been formed and is open to individuals, corporate investors and self-administered pension funds.