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The Jewel In The Crown

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%.

Location: Enfield
Property Type: Multi-Let
Transaction Type: Disposal
Client: M&G