Oxenwood and AIMco JV mulls sale of £325m Ultrabox portfolio

Oxenwood Citadel Wiggle Northampton

Partners considering options for logistics assets following unsolicited approaches from overseas investors.

The JV has appointed JLL to advise on a possible sale of the Ultrabox portfolio following unsolicited approaches from overseas investors.

If a deal progressed, it would represent a quick exit from the portfolio after the JV bought it in a £286m deal from Lone Star and Angelsea Capital in April last year.

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