Newcore Strategic Situations IV has acquired £20m worth of assets. : Newcore Capital Management’s latest social infrastructure, storage and accommodation fund has acquired £20m (€22.6m) worth of assets in the south of England and the Midlands. The Newcore Strategic Situations IV value-add fund has made five investments in Virginia Water, Warwick, Streatham, Croydon and Oxford. The manager said the largest of the five deals is the £6m purchase of Kitsmead Recycling Centre in Virginia Water, a town in northern Surrey. The asset comprises 21 acres of waste management and open storage uses, let to a variety of companies.