Our history in property
Bhikhu trained as an architect and started re-investing proceeds from Chemy’s and Waymade PLC early on. His success in investing in commercial property in the South East in particular means Sovereign Property now rivals the Pharmaceuticals side of the business in value.
Sovereign Property started in the 1980s by buying freeholds of retail pharmacy units, driven by Vijay’s and Bhikhu’s desire to diversify retail pharmacy business and “bricks and mortar” perceived as a safe investment
Mid 1980s to 90s
By mid-80s it had expanded into other retail and office buildings, by late-80s into industrial and warehousing, and by 90s into residential developments
2000 and onwards
The portfolio is split 37% Health Centres, 19% Care Homes, 14% Leisure, 10% Office, 10% Industrial and 10% Residential by value.