Schroder Real Estate Investment Trust (SREIT) has bought four UK industrial assets for £19.9m (€23.1m).
The UK-focused real estate investment trust said it has bought the Valley Road Industrial Estate in Birkenhead for £11.4m and invested £4.9m to buy the Coral Products Haydock Industrial Estate in Haydock.
The company has acquired two assets let to Newfield Fabrications in Sandbach in Cheshire for a combined £3.6m.
The acquisition increases SREIT’s industrial weighting from 40.2% to 42.7%, with the majority of this by value comprising good quality multi-let estates, the company said.
To read the digital edition of the latest IPE Real Assets magazine click here.
No comments yet