Friday 19th Jul 2019 - Logistics Manager Magazine

£37m deal for Warehouse REIT

Warehouse REIT has exchanged contracts in a £37m deal to acquire a multi-unit estate in Northampton let to John Lewis and a multi-let industrial estate in Aberdeen.

In Northampton, it has acquired the freehold of two John Lewis distribution units, totalling 336,000 sq ft, on the Brackmills Industrial Estate.

In its second transaction, the company has acquired the long leasehold 125,000 sq ft Murcar multi-let industrial estate in Aberdeen.

Warehouse REIT acquires £4.2 million unit in Wakefield