‘Record’ rent in Network Rail industrial deal

The UK’s railway infrastructure manager Network Rail has signed a 10-year lease on a Birmingham industrial unit. This is understood to be a record in terms of rent for a secondary unit of its size in the region. Harris Lamb on behalf of Lothbury Investment Management oversaw the letting of the 35,777 sq ft site at Meteor Park in Aston. Network Rail completed the new lease within weeks of the former lease’s expiration. Neil Slade, director in the Agency Department at Harris Lamb, said: “Meteor Park is one of the last ... For the full story register now for free or login below...
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