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
15 November, 2023
UK
DTZ Investors Complete a Comprehensive Sustainable Refurbishment of 15a Deans Road, Canon Industrial Park
19 October, 2023
UK
The Kent Pension Fund property portfolio, managed by DTZ Investors, wins UK and European MSCI long term performance awards for second year in a row
9 October, 2023
UK
Lakeside Village Outlet Centre Wins Sustainability Award
29 September, 2023
UK
DTZ Investors Acquires Bericote and JP Morgan’s Coventry Logistics Park for £140.415m
