Big shed investor completes £44m acquisition of strategic site
Big shed investor Tritax Big Box has further expanded its portfolio of properties in Staffordshire with the £44m acquisition of a distribution facility in Cannock.
The real estate investment trust (REIT) has acquired the Unilever national distribution facility at the Kingswood Lakeside development for a total consideration is £44.25m (excluding the purchaser's costs).
Purpose-built in 2005 for Unilever and extended in 2012, the high specification facility has a gross internal area of 541,157 sq ft, an eaves height of between c... 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...
