Federated Hermes has hired CBRE to market its 50% interest in Milton Park, the UK’s largest single-ownership innovation park which it owns together with Canada Pension Plan Investment Board.

The 302-acre park, located south of Oxford near Didcot Parkway, comprises 2.9msqft across 87 buildings and represents a total value of around £800m (€930m). Its occupier base spans more than 280 companies across science, technology and logistics. 

The asset is being marketed for the first time since 1984, offering investors exposure to Oxford’s wider science and innovation ecosystem, known as Science Vale.

Andrew Hawkins, executive director at CBRE, said the sale represented an opportunity to access the Oxford innovation ecosystem “at scale”, backed by a 20-year track record of rental and capital growth through development, asset management and placemaking. 

The marketing comes as demand for science and innovation space across the Golden Triangle remains above its long-term average. Take-up reached 441,200sqft in the first half of 2026, according to CBRE, significantly above the same period last year. Oxford accounted for 65% of take-up across the market in the four quarters to the end of Q2 2026. 

Recently completed deals       
Asset Asset type Location Buyer Vendor Size Price (mln) Key facts
logistics portfolio logistics UK KKR and Mirastar Ares 2,700,000sqft £400 (€465) The portfolio comprises eight assets in the Midlands, South East and North of England, including Corby, Doncaster, Stoke-on-Trent and Milton Keynes.
Panattoni Park Poznań A2 industrial complex logistics Poznań NA Panattoni 150,000m2 €160 The development is fully let to a leading player in the clothing sector.
Hamburg Fiege Center logistics Hamburg Prologis DWS 94,000m2 €140 The sale price is significantly lower than the most recent valuation of €163.9m.
portfolio of six social infrastructure properties living Sweden Public Property Invest Samhällsbyggnadsbolaget i Norden 63,400m2 €119 The portfolio includes a newly built elderly care home in Stockholm, a renovated police station outside central Helsinki, an ongoing development project in Karlskrona let to SAAB and two additional municipal-let assets in Karlskrona.
PBSA development site living Bologna, Milan, Venice Invel Real Estate, YellowSquare NA 18,000m2 €75 The new assets are expected to be delivered between 2027 and 2028.
PRS development living Berlin M&G Real Estate Quarterback Immobilien AG 145homes €56 The asset is expected to complete by the end of 2027.
Mjoy student living living UK MCR Property Group Njoy Student Living 800beds NA The portfolio includes 800 units in Manchester and Leeds.
logistics asset logistics Amiens, northern France Clarion Partners Europe ESR Europe 117,000m2 NA Completed in 2023, the large-scale facility is 74% let to ID Logistics.
Giovi logistics park logistics Pavia, Italy Unnamed institutional investor Garbe, Prelios Sgr 83,000m2 NA The asset is fully let.
logistics development site logistics Mantova, Italy Barings NA 145,000m2 NA The site has planning consent for the speculative development of approximately 67,000m2 of high-quality, sustainable logistics space.
Multi-User Park Duisburg logistics Duisburg, Germany Redevco Garbe Industrial, BREMER Projektentwicklung 29,500m2 NA The buildings are predominantly leased to businesses active in the e-commerce industry.
logistics asset logistics Barcelona AEW NA 11,000m2 NA The property is fully let to an international logistics operator specialising in the furniture sector.
logistics asset logistics Berkel en Rodenrijs, the Netherlands Garbe Sluyter Logistics 16,000m2 NA The building is fully let to Sluyter Logistics and was acquired through a sale-and-leaseback transaction.
MBOne office building office Madrid IBA Capital Partners Grosvenor 22,000m2 NA IBA Capital will implement a CapEx programme with the aim of upgrading its current LEED Building in Use certification from Gold to Platinum.
Three PBSA assets living Madrid, Granada and Valencia Westwind Capital Merkel Capital 1,400beds NA The assets give Westwind a diversified position across three large Spanish university markets.
Canon Industrial Park logistics Wolverton, UK Chancerygate Strathclyde Pension Fund 192,000sqft NA The 12.36-acre industrial estate was managed by DTZ Investment Management.

 

Assets on the market       
Asset Asset type Location Vendor Size Price (mln) Broker Key facts
50% interest in Milton Park logistics space South Oxfordshire, England Federated Hermes 2,900,000sqft £400 (€465) CBRE Milton Park comprises 87 buildings on 302 freehold acres. It is home to more than 280 science, technology and logistics occupiers.
London Designer Outlet retail London Lone Star 265,000sqft £180 (€232) NA The landlord came close to a sale of the asset in 2023.
living portfolio living Dublin Hibernia Real Estate Group 293 apartments €130 CBRE The Dundrum Collection comprises 213 apartments in Block 3 at Wyckham Point and 80 apartments in Dundrum View.
The Kodak, Covent Garden office London Clearbell 71,000sqft £80 (€93) Knight Frank The asset is Kodak’s former headquarters.
Shelbourne House and 23 Shelbourne Road office Dublin Interpath 88,000sqft €34 Savills Tenants include the Office of Public Works and the Malaysian Embassy.
117-123 Great Portland Street office London Concord London Developments 15,048sqft NA RX London and CBRE The asset traded for £19m in 2023.

 

Recently completed loans    
Lender(s) Borrower(s) Asset(s) Loan Size (mln) Key facts
ICO Lagoom Living Lagoom Living Sevilla Este €83 The project comprises 843 units —691 public housing units and 152 transitional units.
Redevco Financière ID logistics project in Tiel, the Netherlands €49 The green development loan is for a project that is 70% pre-let to global logistics service provider ID Logistics.
Helaba La Française REM DSQUARE in Luxembourg NA La Française REM secured a three-year extension of the loan maturity with no additional equity contribution required.

 

New mandates/JVs and funds on the market   
Firm Fund/mandate/JV Strategy Details
URBZ Capital and NW1 Partners German IOS strategy Consolidating the highly fragmented European IOS market into a scaled, institutional-grade platform and build a portfolio of €500m The platform is seeded with an initial portfolio comprising five properties totalling 220,000m2.
Colonial SFL and Vita Group Student housing platform Creating a premium student housing platform focused on France The platform will comprise three prime assets with more than 2,200 beds and €1bn of stabilised asset value.
Mitiska REIM and Storo Portuguese self storage platform Developing a Portuguese self storage portfolio The initial plan is to develop 10 Storo sites in the Lisbon area and 5 sites targeting Porto and the Algarve.
Remake Remake Kross Investing outside of France The SCPI strategy invests across different sectors with a 6.5% annual target.
Cheyne Capital Cheyne Real Estate Credit Holdings (CRECH) IX Capital Solutions strategy The strategy targets key real estate sectors, including hospitality, offices, student housing, residential and mixed-use developments. The fund raised a total of £3bn (€2.67bn).
EdR REIM European value-add logistics fund The strategy is dedicated to light industrial and logistics assets Alpha generation will be driven by active asset management.

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