Oxenwood Real Estate, the UK and European real estate investment management firm, and its joint venture partner, Catalina RE have sold Ibstock Bricks, Wolverhampton for £17,015,000 to Urban Logistics REIT PLC. The price reflects a NIY of 6.30%.
Atlas Real Estate has recently exchanged contracts with St Johns Property High Income Fund on the forward funding of a new Sainsbury’s convenience store and Costa Coffee Drive Thu unit on behalf of Hinton Group.
Atlas Real Estate has recently represented GARBE Industrial Real Estate UK and Invesco in the acquisition of a prime development site with a net development value of c£80 million.
Atlas Real Estate, has successfully advised an institutional client on the disposal of an office investment on Crosspoint Business Park, Coventry. The unit was acquired by Loxton Developments.
Atlas Real Estate, has successfully advised an institutional client on the disposal of a distribution unit on Clover Nook Industrial Estate, Alfreton. The unit was acquired by St Modwen Logistics.