The sale of City Pride public house for £32 million demonstrates the skill and expertise of the Oracle acquisition team for sourcing development opportunities in premium locations
Oracle advised on the purchase of the City Pride public house for £6.7million in December 2006. A 0.6 acre site in a prime location in London’s Docklands.
The site was sold to developers Glenkerrin for £32million in May 2008 without planning permission. This demonstrates the skill and expertise of the Oracle acquisitions team for sourcing sites in premium locations.