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18 April 2007

Morgoed Estates Ltd has today completed the purchase of the ground rent portfolio of Sunderland Ground Rents Ltd. As part of the transaction Morgoed Estates has also taken over collection of more than 40 ground rent portfolios from Kimmitt & Roberts/Interlet North East Ltd. In total this adds more than 2500 properties to Morgoed Estates already well established presence in Sunderland and the North East

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