Despite the current uncertainties due to COVID and Brexit, Cordatus Property Trust (CPT) are delighted to have just completed the renewal of four leases at their Carters Yard Industrial Estate in Milton Keynes.
Carters Yard is a development of 24 business / distribution units of varying sizes and the estate was bought in 2015 as part of the Lion Portfolio. The four renewals account for approximately 20% of the estate by area and follow on from the recent letting of Units 28 & 29.
Andrew Murray of Cordatus said: “These deals are a real boost to the Milton Keynes economy and we are delighted that the tenants have decided to remain on the estate. At Cordatus we continue to work closely with our tenants through these uncertain times and secure the best possible outcomes for all parties. These renewals are consistent with our core aim to protect income for our investors.”
CPT were represented by Louch Shacklock and CMS.