Northamptonshire Logistics Sale

By September 2019 Transactions

ACRE Capital have advised M&G Real Estate on the successful disposal of two adjacent distribution warehouse units in Thrapston let to DSV Solutions.

M&G initially acquired the property as part of a 10-year sale and leaseback transaction with DSV in 2013 and, having completed the 2018 open market rent reviews, sold the investment to Exeter Property Group with approximately 4 years remaining on the leases.  The agreed sale price was £17,350,000.

Location: Thrapston
Property Type:  Distribution Warehouses
Transaction Type: Sale
Client: M&G Real Estate