ACRE Capital Real Estate have advised Capital Industrial on the purchase of the Iris Portfolio.
The portfolio comprises four multi-let estates across Central London, including Wandsworth, Twickenham, Beckton and Harrow, providing a total area of 141,023 sq ft GIA. The portfolio comprises of 32 units let to 24 tenants providing a WAULT of 5.3 years to expiries and 4.0 years to breaks.
The portfolio was acquired for a purchase price of £75,250,000.
Property Type: Portfolio
Transaction Type: Acquisition
Client: Capital Industrial