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
5 October, 2020
News
DTZ Investors forward funds £70 million for Earlsfield co-living scheme
9 September, 2020
News
Hollywood Bowl commits to Springfield Quay, Glasgow
17 August, 2020
News
DTZ INVESTORS HAS DISPOSED OF CENTRO INDUSTRIAL ESTATE IN HEMEL HEMPSTEAD FOR £14.9M.
5 August, 2020
News
ALBAN LISS, PRESIDENT OF DTZ INVESTORS FRANCE, SHARES HIS VIEWS ON THE CURRENT MARKET SITUATION AND DETAILS HIS FUTURE AMBITIONS
