Enhancing returns through Intelligent Asset Management.
London Industrial Re-Gear
Enhancing returns through Intelligent Asset Management.
Acquisition, Asset Management and disposal of a prominent, extensive, self-contained industrial site let to a major food producer.
Location: Park Royal, London NW10
Investment type: Industrial
Investment partner: G.E Real Estate
Cordatus acquired this 58,000 sq.ft. industrial unit in London’s premier and key European industrial site, and asset managed it from 2007. Cordatus negotiated with the A rated tenant to re-gear and extend the lease for a further 10 years, whilst significantly increasing rent. Its subsequent sale after 5 years, capitalised on the strong demand for well let commercial real estate in Greater London and achieved a price 45% ahead of valuation.