29 November, 2017
Pier Road Industrial Estate, Feltham acquired off market for £12.3m
DTZ Investors have completed the off market acquisition of Pier Road Industrial Estate, Feltham from TH Real Estate for £12.3m, reflecting a net initial yield of 4.5%.
Pier Road Industrial Estate is a multi-let industrial investment situated on the North Feltham Trading Estate, approximately 3 miles from the Heathrow Cargo Terminal.
The asset is currently let to HAE Global and Smith Brothers Stores Ltd at rents of £13.50 per sq ft and £12.25 per sq ft respectively providing a weighted average unexpired lease term of 8.9 years to expiry and 3.9 years to break.
As a highly specified and refurbished building, the subject property stands out as a core asset within the immediate area and provides the Fund with further Greater London multi-let industrial exposure.
DTZ Investors were advised by CBRE
Latest News
30 June, 2026
UK
DTZ Investors hosts The Land Collective students
22 June, 2026
UK
DTZ Investors acquires Slough Retail Park
18 May, 2026
UK
DTZ Investors’ Folk Co-Living Fund acquires land to deliver 352 co-living units at new 180-acre Brent Cross Town masterplan
8 December, 2025
UK
Planning Permission Secured and Works Commence at Perimeter One & Perimeter Two, Crawley