Trade counters & self storage
Parkhill Estates has sold Ketley Business Park in Telford to industrial investor IO Group, Property Week can reveal.
Self-storage giant Shurgard has exchanged on a deal to buy London-based rival ABC Selfstore for £50m.
Luxembourg-based self-storage group Shurgard is set for a €2bn-plus (£1.8bn-plus) listing on Euronext Brussels via a €575m share placement.
Avignon Capital and Riverside Capital have sold a portfolio of Travis Perkins outlets to Cordatus Property Trust for £45.4m, reflecting a net initial yield of 5.4%.
Big Yellow Group has comfortably seen off a shareholder rebellion over the self-storage giant’s executive pay.