Alternatives investor Investcorp has acquired a portfolio of five industrial units in Scotland for £11.5m to add to its £250m European real estate portfolio.
The acquisition of the fully-let 200,000 sq ft portfolio from Squarestone Growth marks Investcorp’s seventh industrial property investment in the UK since June 2017. Located in Uddingston, Blantyre and Livingston, the assets house tenants including Vodafone, Clipper Logistics, Nampak, Merckk and Stanford Logistics in schemes located next to key transport connections across the M8 motorway.
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