£73m property deal for major engineering hub
The 490,000 sq ft factory being built for Meggitt at Ansty Park in Coventry has been bought for £73.4m, in what the purchaser has said is "one of the largest manufacturing property transactions within the UK in recent times".
Aviva Investors has exchanged contracts on the site, which is being developed by Manse Opus in a project funded by Aviva Investors’ Lime Property Fund.
Meggitt has agreed a 30-year lease for the engineering hub that will become home to 1,000 people. Work has begun on site, which is due to become operatio... 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...
