Property investor raises £15m with sale of industrial units
Property investor Custodian has raised £15m with the sale of two industrial units.
A vacant unit in Warrington achieved £9.0m, which was a 61% premium on its end of year valuation, although planning permission had recently been secured to redevelop the site.
An industrial unit in Weybridge acquired in 2019 in a sale-and-leaseback portfolio deal with Menzies Distribution has been sold for £6.0m.
Leicester-headquartered Custodian specialises in smaller regional properties across the UK.
Richard Shepherd-Cross, managing di... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
