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Acquisition of Highly Reversionary South East Warehouse

By July 2018 Transactions

ACRE Capital advises TH Real Estate on the acquisition of Units 1-3 Slough Interchange Industrial Estate. The property is a modern South East warehouse extending to 46,162 sq ft and prominently positioned adjacent to Slough Town Centre. The property will offer vacant possession in November 2018 and benefits from significant reversionary potential from the low passing rent of 9.00 psf.

The property was acquired for a price of 10,000,000.

Location: Slough
Property Type: Warehouse
Transaction Type: Acquisition
Client: Nuveen Real Estate