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Threadneedle on Cloud Nine

ACRE Capital have advised Columbia Threadneedle on the sale of Project Sky, a portfolio of three high quality light industrial and trade counter estates located in the South East.

The portfolio extended to a total floor area of approximately 96,467 sq ft, with each asset comprising considerable near term asset management opportunities and benefitting from attractive geographical allocation with over 50% of the portfolio situated within core London industrial markets.

The portfolio was highly competitive with interest from a diverse investor pool achieving a headline price of £25,250,000.

Location: London & the South East
Property Type: Light Industrial / Trade Counter Portfolio
Transaction Type: Sale
Client: Columbia Threadneedle