Quorum sells industrial portfolio for £18.25m

Quorum Estates has sold its industrial property portfolio to warehouse investment specialist Warehouse REIT plc for £18.25m in an off-market deal, reflecting a net initial yield of 7%. It comprises seven properties which are: Road One, Winsford, Cheshire (78,178sq ft warehouse); Parkway Zone 2, Deeside Industrial Estate, Chester (60,081sq ft production facility); Quantum Park, Manchester (46,507sq ft trade counter); Europa Industrial Estate, Manchester (40,000sq ft warehouse); Wardley Industrial Estate, Salford (38,901sq ft wareho... For the full story register now for free or login below...
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