Client
Syndicate of Singaporean Investors
Location & Size
106sq ft on Springfield Industrial Estate in Hayes
- Purchased for £13.7M in February 2019 for a syndicate of Singaporean Investors
- Negotiated a surrender of the lease to Deutsche Bank in Dec 19 for an £8M premium. The subtenant CenturyLink remained in place paying a rent of c. £700K pa
- Purchased on behalf of the investors, an adjacent industrial property from five separate owners for £10.5M in order to expand the site to attract a hyper scale operator
- Procured 40 MVA power supply to the site and subsequently sold both sites to an operator for £29M