Merrick Real Estate arranges acquisition of 1m sqft UK regional industrial portfolio
London, 25th September 2014
Merrick has originated, structured and arranged the acquisition of a large UK regional industrial portfolio for one its investment partners. The portfolio is multi-tenanted in a strongly performing location, and exceeds 1m sq. ft. in size with a weighted average unexpired lease term (WAULT) greater than 4 years.
In line with the developing UK commercial real estate market where good regional assets are offering investors higher returns , the acquisition will provide solid income yield and potential for capital and rental growth through active asset management.
The acquisition price and further details of the deal are confidential.
For further information please contact:
Mark Norris: 0044(0) 7711 732696
Mark Johnstone: 0044 (0)7958 192524