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
8 August, 2022
UK
DTZ Investors publishes its second Responsible Investment (RI) Report
6 July, 2022
UK
DTZ Investors colleagues take part in the JLL Property Triathlon 2022 that raised £179'000 for The World Wildlife Fund (WWF)
4 July, 2022
UK
Volunteers from DTZ Investors join Citizen Zoo on the Hogsmill River in Kingston Upon Thames to create a healthy habitat for the reintroduction of Water Voles!
1 July, 2022
UK
DTZ Investors co-living fund (COLIV) charity partner, Harrow Association of Disabled people [HAD], celebrates its 50th birthday!
