9 January, 2017
Four industrial warehouse units acquired on Brooklands Close in Sunbury for £3.6m
DTZ Investors has completed an off-market acquisition of Units 7-10 Brooklands Close in Sunbury for £3.6m.
The asset comprises a terrace of four industrial units fully let to Strata Technology Ltd, U-Freight (UK) Ltd and Edmundson Electrical Ltd.
The acquisition presented the Fund with an opportunity to strategically enhance critical mass on Brooklands Close following the acquisition of 11 trade counter units as part of the Wellington Portfolio last year.
Knight Frank acted for DTZ Investors.
Johnny Hawkins, Knight Frank commented: “To secure and deliver this off market acquisition was a very satisfying result and a successful execution of the business plan following the acquisition of the Wellington Portfolio in the previous year”.
Tom Royston, DTZ Investors commented: “We are pleased to secure this off market transaction which presented the Fund with an opportunity to further increase its ownership in an area underpinned by strong fundamentals”.
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