ACRE Capital have advised Abrdn on the acquisition of two highly specified modern warehouses, located on Waxlow Road, Park Royal. The warehouses are both let to Garden Campus Limited, a filming studio operator who occupy several other units adjacent to the property.
The property was acquired by Abrdn for a purchase price of £41,030,000, reflecting a net initial yield of 2.49%.
Location: Park Royal
Property Type: Multi-let
Transaction Type: Acquisition