The UK logistics/industrial sector fell in value by 27% (UK MSCI Monthly) between June 2022 and March 2023. This correction presents an opportunity to invest in income producing assets, with embedded rental growth, at below replacement cost. In addition, we have seen a real discount, confirmed by MSCI data, for single industrial assets in the £5-10m range consistently over the past decade. The recent price correction means that good quality smaller, assets can now be purchased at strong initial yields given embedded rental growth.

In May 2023, we acquired a UK wide six strong industrial and logistics seed portfolio. The portfolio will offer asset management opportunities to grow the rents and improve the ESG credentials of the units.
This purchase builds on our long-established track record of building light industrial/logistics portfolios and culminating in a series of successful exits.

For more information, please contact us to discuss.