Altermo Real Estate has strengthened its ability to purchase residential properties in the UK with an £18 million cash injection. The move aims to bolster the company’s market presence and expand its residential property investment portfolio.

The cash boost comes at a time when the UK residential property market remains robust despite economic uncertainties. With increased liquidity, Altermo Real Estate can swiftly seize attractive purchasing opportunities, a crucial advantage in a competitive market.

This £18 million infusion will allow the company to strategically diversify its portfolio, targeting a variety of properties from urban apartments to suburban homes. This approach not only spreads risk but also enables Altermo Real Estate to tap into different segments of the residential property market.

Enhanced purchasing power will also allow Altermo Real Estate to negotiate better terms and secure properties at lower prices, which is vital for maximising investment returns. By purchasing properties outright with cash, the company can avoid financing costs, redirecting savings towards property improvements and increasing the value of their assets.