Industrial REIT Brixton and its partners in the Equiton Industrial Partnership have this week officially brought the fund to the market.
It may sell the portfolio as a whole or in five packages, and estimates of its value range from below £200m to £275m.
It comprises 42 multi-let industrial estates around Brixton’s core market in the south east.
Its partners in the fund are Prupim and Equitable Life.
Brixton is also marketing other properties (as revealed by Property Week, 27.02.09) across its portfolio as it seeks to raise cash to shore up its balance sheet in the difficult market.
Franc Warwick is advising on the sale.