Oz online retailer snaps up Nottingham shed

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Australian online retailer Cotton On Group has taken an 81,000 ft2 warehouse on Blenheim Industrial Estate in Nottingham.

The property was speculatively built by Wilson Bowden and forward funded by Urban Logistics REIT. The deal complements the previous letting of a speculatively constructed 18,000ft2 unit.

John Barker, Head of Development at Urban Logistics Reit said: “The funding venture with Wilson Bowden Developments has worked well and they have completed the buildings to a high standard.

“The East Midlands element of the portfolio was recently completed so early lettings to Cotton On and All Shires Foods is testament to the tenant demand in the market.”

FHP Property Consultants and M1 Agency were joint agents. Harper Dennis Hobbs acted for Cotton On Group.

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