ACRE Capital have advised M&G on the disposal of a prime urban logistics warehouse located in Enfield.
The property is subdivided into two units, providing a total of 216,808 sq ft GIA. The units are let to Waitrose and Crown Records respectively.
The property was acquired by British Land for £87,250,000, reflecting a net initial yield of 2.17%.
Property Type: Multi-Let
Transaction Type: Disposal