Features | Well-located, distribution warehouses and mid box units with a preference for core locations Forward-funding and speculative development opportunities (£10m+) High-yielding assets with the potential to add value in the short / medium term Good quality multi-let estates located in or on the edge of major conurbations |
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Locations | Good quality multi-let estates located in or on the edge of major conurbations |
Lot Size | £10m-£200m+ |
Location: Hoddesdon
Purchase price: £145m
Reasons for buying: Provides a number of value accretive asset management targets
Key features: Over 700,000 sq. ft. Let to 6 tenants providing a WAULT of 10.88 years to break and 12.14 years to expiry
Timing: Q1, 2019