Leopard Capital, the property investment fund, has completed the sale of its Amazon Distribution Centre in Welwyn Garden City to Legal & General (L&G) for £5.525 million.
The unit is let to Amazon UK Services Ltd on a new 10-year lease from April 2026, following a lease regear completed ahead of the sale.
The disposal follows an approach made by L&G, which owns the neighbouring CityPark estate. Knight Frank advised the seller and Kimmre acted for the purchaser
Knight Frank head of industrial capital markets Will Grubb said: “We are delighted to have advised Leopard Capital on this off-market disposal, having advised on the lease renewal earlier in the year.
“We continue to see strong demand for well-located industrial assets in core South East markets where there is continued rental growth forecast; this is a trend we expect to continue throughout 2026.”
