A rare acquisition of a large North West industrial estate asset in a single ownership.

The Metis investment team acquired the freehold of this substantial industrial estate investment for Coal Pension Fund c/o LaSalle Investment Management in 2015. 

A rare single-ownership industrial asset

The scheme provides nearly 400,000 sq ft of business space in 49 units over 25 acres. It is an unusual example of a large prime location industrial estate asset in the North West of England within a single ownership. 

Despite strong competition from other prospective buyers an attractive price showing in excess of 7% NIY was negotiated for the client.