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... 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...
