LOCATION
A UK wide logistics platform totalling 1,930,000 sq ft.
DESCRIPTION
Acquired in Q1 2021, off-market, via multiple acquisitions.
Portfolio value significantly enhanced through active asset management.
Magna Park, Lutterworth, a key lease regear was secured on 226,000 sq ft providing a new unexpired term of 21 years with a significant rent uplift.
Omega, Warrington, a new 168,000 sq ft unit constructed and pre-let to a strong covenant on confidential terms for 20 years straight.
Implementation of a number of ESG and low carbon initiatives, working closely with the occupiers to implement a green agenda and future proof the assets.
A sale was completed in Q1 2022 to a leading European logistics investor.
The sale realised a significant capital value uplift generating a substantial return for our investors.
PARTNER
Goldman Sachs