Map Commercial Properties Limited agreed to acquire Elizabeth House, London Road, Staines from Circle Property Plc for £3.5 million on August 22, 2022. The net proceeds from the disposals will be held as Group cash and the Board expects that a minimum of two returns of capital will be made to Shareholders, the first of which is expected to occur by March 2023. The transaction is expected to close on September 28, 2022. Joshua Cryer and Iain Daly of Radnor Capital Partners Limited acted as financial advisor to Circle Property Plc (AIM:CRC). Katy Birkin and Mark Connelly of Cenkos Securities plc (AIM:CNKS) acted as financial advisor to Circle Property Plc (AIM:CRC).

Map Commercial Properties Limited completed the acquisition of Elizabeth House, London Road, Staines from Circle Property Plc on October 06, 2022.