Ashquay Group, the property and development company with projects in Britain and the Republic, has purchased a British commercial property portfolio for £11.4 million sterling. Consisting of six freehold office and retail properties, it is located in the midlands and south-east of England. Ashquay said it has been valued at £11.89 million. The consideration consists of £2.875 million in cash, shares and loan notes, and the assumption of £8.534 million of net borrowings. Ashquay's shares are quoted on the London and Irish Stock Exchanges.