Client
Private Equity Client

Location & Size
102K sq ft in Birmingham

Role
Acted as Asset Manager

• Acquired December 2016 £8.95M (8.91% IY)

• Negotiated c. £1M dilapidations settlement from outgoing tenant. Fully refurbished unit, extending yard and adding 4x cross dock levellers

• Lease at rent in excess of £6 psf

• Vacant at sale

• APAM sold in August 2020 £9.5M (7.51M RY)