Industrial estate sold to FTSE 250 investor
Birmingham-based Nurton Developments has sold the Harcourt Trading Estate in Telford for above the asking price of £2.33m.
Real estate investment trust Hansteen bought the multi-let industrial estate, which has 67,300 sq ft of space across 10 fully-let units.
Nurton director Rupert Young said the sale, and Nurton's £1.73m disposal of a unit at Chase Park Industrial Estate in Burntwood to an Isle of Man investor at the end of last year, show there is strong demand for industrial property in the region.
He said: “We'd seen ... 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...
