ACRE Capital have advised Abrdn on the disposal of Discovery and Antar Park, a prime urban logistics park located in Wolverhampton. The property comprises five units let to five tenants, with units ranging in size from 56,473 sq ft to 140,419 sq ft.
The property was acquired by 4th Industrial for a purchase price of £68,000,000, reflecting a net initial yield of 3.63%.
Property Type: Multi-let
Transaction Type: Disposal