Hercules Portfolio

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