By Richard Williams2018-11-09T00:00:00
Orchard Street Investment Management has completed the acquisition of two South East industrial assets in Dunstable, Bedfordshire, for £27.95m.
The properties were acquired from Pears Property on behalf of the St James’s Place Property Unit Trust.
Located on Dunstable’s Woodside Estate, the two assets are Nimbus Park, an eight-unit industrial estate totalling 139,103 sq ft, and the nearby 18,639 sq ft unit at 10/10a Foster Avenue, which together extend to 10.41 acres. The properties are fully let to a diverse tenant mix on average rents of £7/sq ft.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.