West Street Capital Partners and Pitmore Properties Limited agreed to acquire Thistle Build to Rent (BTR) Property Portfolio in UK from Sigma Capital Group plc (AIM:SGM) and Gatehouse Bank plc for approximately £150 million on January 8, 2021. Post completion, Sigma will receive a total net cash payment of £2.9 million. For year ended December 31, 2020, the Thistle Portfolio generates approximately £8.3 million per annum in rental income. Barclays will be providing Goldman Sachs with a loan to support the acquisition. CBRE acted as real estate advisor and PwC acted as accountant and Dentons acted as legal advisor to Gatehouse. Herbert Smith Freehills and Simon Kiff of Jones Day acted as legal advisors and Savills acted as real estate advisor to Goldman Sachs and Pitmore. James Maxwell, James Moat, and Sebastian Burke of Nplus1 Singer Advisory LLP acted as financial advisor to sigma capital.