Portfolio aggregation of core plus industrial during H1 2023; 8 properties situated across the UK acquired in 7 off market or pre-market transactions and executed in short timescales.
Acquired against a back drop of limited stock and sellers and volatile financial markets.
Acquisition value >£82m reflecting a 7% NIY with strong reversionary potential to c9%.
100% let with a number of near term lease events creating value add and ESG enhancement opportunities.
