THE UK LOGISTICS FUND SELLS ITS DISTRIBUTION WAREHOUSE IN SWAN VALLEY, NORTHAMPTON

March 11, 2009

The UK Logistics Fund, advised by M3 Agency, has sold its 349,500sq ft distribution warehouse at Swan Valley, Northampton to PMB Holdings, Peter Beckwith’s private property company, and the John Lyons Charity. The sale shows an initial yield of 8.2%.

The building which is strategically located fronting the M1 at J15A near Northampton is let to Morrison’s for a further 14.5 years.

Simon Milner from M3 Agency comments: “In this market to do a deals of this size and price are few and far between, we worked hard to secure a very good price for our client The UK Logistics Fund.”

Phillips Roth & Co acted for PMB and Cluttons advised John Lyons.

Latest News

MOORGARTH LAUNCHES PM+U – A NEW KIND OF PROPERTY MANAGEMENT COMPANY

February 19, 2021 - 16:07

The highly successful team behind Moorgarth Property Management has launched a new property management company – PM+U – specialising in retail, office and leisure assets across the UK. Under the l[...]

+ Read More

ARLINGTON TO DEVELOP ONE OF LONDON’S FIRST DEDICATED LIFE SCIENCE DEVELOPMENTS

February 16, 2021 - 11:08

Arlington has received full planning consent for a building that is set to become one of London’s first fully lab-enabled buildings to be delivered by a commercial property investor. Known as Refine[...]

+ Read More

WILFORD LANE DEVELOPMENTS SELLS OFF WEST BRIDGFORD SCHEME IN NOTTINGHAM

February 9, 2021 - 12:36

Wilford Lane Developments Limited (WLDL) – a joint venture between Kuwaiti developer/investor Salhia Real Estate Co KSC and Simons Developments Ltd – has sold the commercial element of its Wes[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR