M&G buys £50m of office and industrial assets for new fund

By Emanuele Midolo2018-04-24T08:46:00

M&G Real Estate has acquired two office buildings in the south east as well as an industrial portfolio on behalf of the M&G UK Enhanced Value Fund.

The £50m purchases are the first acquisitions for the fund, which completed its initial close in February.

The two office blocks are Charter Court in Slough, a 45,750 sq ft office asset close to the town centre that was acquired for £13m; and Radius House in Watford, a 41,250 sq ft near Watford Junction station, bought for £15m.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue