ACRE Capital have advised Mirastar on the acquisition of a prime urban logistics warehouse let to DHL in Enfield, London.
The property extends to 100,355 sq ft on a 4.05 acre site, providing a low site coverage of 49%.
The property was acquired by Mirastar for a purchase price of £43,000,000, reflecting a net initial yield of 1.91%.
Property Type: Distribution
Transaction Type: Acquisition