Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a prime logistics facility in Weybridge for £16.4 million. The facility, which totals 78,650 sq ft and is located on West Park Industrial Estate... Oxenwood intends to seek planning consent to extend it by around 30,000 sq ft.
Oxenwood Real Estate, the UK and European real estate investment management firm, and its development partner, Stoford Developments, have sold a 126,000 sq ft logistics facility at Stone Cross Park in Warrington to international packaging firm, ALPLA.
Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a modern logistics facility in Coventry in a £10 million sale-and-leaseback transaction, which reflects a net initial yield of 6.27%. The facility, which comprises three units totalling 130,615 sq ft adjacent to Coventry airport, has been acquired from its occupier, Penso Holdings, by Oxenwood for Oxenwood Catalina, its joint venture with Catalina Holdings(Bermuda) Ltd.
Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired two modern logistics facilities in Leicester and Manchester for £24 million, reflecting a net initial yield of 5.4%. The two properties, which total 296,305 sq ft, have been acquired from CBRE Global Investors, acting on behalf of the West Midlands Pension Fund, by Oxenwood for Oxenwood Catalina, its joint venture with Catalina Holdings(Bermuda) Ltd.
Jeremy Bishop, co-founder of Oxenwood, said: “We welcome Tom and Nick to Oxenwood, adding a diversity of experience to support our growth as a real estate investment manager. Catalina has been a steadfast partner for nearly five years since we launched in May 2014 and, in keeping with a medium-term plan set out at that time, we are delighted that it is continuing to support our ambitions to expand the business with a substantially increased commitment of capital”.
