IFLR1000

Warehouse REIT £116 million acquisition of Industrial Multi-Property Trust warehouse portfolio

5/2/2018
Private acquisition, Real estate acquisition
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£ 116 million

$ 162.919 million

Announced

5/2/2018

Overview:

  • Warehouse REIT has acquired a portfolio of 51 multi-let UK warehouse assets for £116 million from Industrial Multi-Property Trust.
  • The 51 warehouses have a total floor area of 1.65m square feet in the Midlands and South of England.
  • Industrial Multi-Property Trust is a subsidiary of Hansteen Holdings.

Sam Duke

Jurisdiction:

United Kingdom

Deal types:

Private acquisition
Real estate acquisition

Practice area:

M&A

Industry sectors:

Real estate
Logistics

Firm:
Reed Smith

Party: Warehouse REIT (Acquirer)

Lawyer: Delphine Currie

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