Melburg snap up 110,000 sq ft Bekaert HQ in off-market back to back

August 8, 2022

Melburg Capital (Melburg) announce the acquisition of the Bekaert manufacturing HQ, a 110,000 sq ft industrial asset located on Park House Road, Bradford in an off-market transaction.

The asset was acquired with a short-term lease expiry to Bekaert, the world’s largest steel wire manufacturer. In advance of completion Melburg re-structured the lease, resulting in the €5.0Bn turnover business signing a 15-year commitment with 2-5% RPI indexation.

The acquisition is Melburg’s eleventh within the last 12 months, taking their total spend to over £1Bn as the highly discreet privately owned real estate investment and development company continues to increase its logistics presence, which now exceeds 2 million sq ft throughout the UK.

Melburg chief executive Jack Burgess commented: “As a key employer Bekaert’s long term commitment to their Bradford HQ is hugely positive for the area. The business itself is thriving, posting a year on year revenue increase of 28.00% to €5Bn. With double digit operating margins and €791 million of cash on hand the balance sheet growth prospects are compelling. The physical real estate is ideally located and we look forward to working collaboratively with Bekaert to continue to optimise the facilities operations”

Melburg was advised by Newson Real Estate.

Latest News

Local Wholesale Butchers leases 20,000 sq ft unit in Newbury

July 1, 2025 - 10:42

Logicor, advised by Haslams LLP, has secured a letting at Kennetside Industrial Estate, Bone Lane, Newbury to Thatcham Butchers Ltd.  This is the second letting secured on the estate since Logicor bo[...]

+ Read More

Golf Simulation Company Full Swing Secures Showroom at Millars Business Park, Wokingham

June 16, 2025 - 11:07

IPIF, advised by Haslams LLP, has announced the letting at Millars Business Park, Fishponds Close, Wokingham to Full Swing EMEA Limited, a leading innovator in golf simulators and sports performance t[...]

+ Read More

GCW STRENGTHENS ITS OCCUPIER ADVISORY TEAM WITH NEW RECRUIT AND PROMOTES CHRIS KENEALY TO ASSOCIATE DIRECTOR

June 16, 2025 - 11:04

GCW has enhanced its client service offer with the appointment of Bobby Share as a surveyor in its occupier advisory division and the promotion of Chris Kenealy to Associate Director in its Owner team[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

25 Westwood Road, Newbury, Berkshire, Newbury, RG14 7TH