Brixton and its partners Prupim and Equitable Life have appointed Franc Warwick to conduct a strategic review of the £275m Equiton Industrial Partnership.

A spokesman for Brixton confirmed it had appointed Franc Warwick to embark on a review.

The strategic review is intended to put in place a business plan for the partnership for the difficult 12 months ahead.

It may lead to sales of assets but at this stage no properties are on the market.

The partnership holds 42 multi-let industrial estates across the south east of England.