11 June, 2018
Off market acquisition of Prince Mead Place, Trafford Park completes for £11.5m
Prince Mead Place is a multi-let industrial estate located adjacent to DTZ Investors’ existing holding in Manchester’s primary industrial area, Trafford Park. The units are let to seven tenants providing a weighted average unexpired lease term of 4.4 years, at a low average passing rent of £5.55 per sq ft.
The acquisition provides exposure to a core industrial location, with good rental growth prospects underpinned by strong occupier demand and a continuing lack of supply.
DTZ Investors was advised by Savills.
Latest News
22 April, 2024
UK
DTZ Investors sign The Fold at 2 Royal Exchange Buildings, London
9 April, 2024
UK
FOLK SCOOP TOP ACCOLADES AT HOMEVIEWS AWARDS 2024
21 March, 2024
UK
DTZ Investors Completes Third Investment for the LGPS Central Property Fund
7 February, 2024
UK
Mountain, Soho's vibrant Basque inspired restaurant, has been awarded its first Michelin Star
