Occupied Buildings
This asset was acquired with the view that there was a strong possibility of negotiating a lease extension with Kellogg’s.
In March 2018, two years after its acquisition, a 10-year lease extension was completed with Kellogg’s, repositioning this asset from Value Add to Foundation. As part of the lease re-gear the rent was increased by 20% pa.
Land Opportunities
Land Opportunities
221-acre site acquired for c.2.5 million sq ft logistics development and new strategic rail freight interchange (SRFI).
Land Opportunities
The Site extends to a total of 134 acres gross and has the capacity to deliver up to 1.4m sq ft of logistics floor space