UK-focused real estate investment company Aprirose has appointed global property adviser Knight Frank to sell a £75 mln (€86 mln) mixed-use commercial property portfolio.
The portfolio comprises nine assets, with a total of 308,816 ft2 (28,700 m2), of industrial, office, health, retail and alternative accommodation located across the UK.
'This portfolio offers an exceptional opportunity to invest in a diverse range of assets which have excellent long-term income returns, with six of the nine assets subject to fixed rental increases,' said Shaun Roy, a partner in Kinght Frank's capital markets team.
'Coupled with the covenant strength of the tenants, this income profile offers an easily geared and highly defensive return structure.'
The assets for sale include the Clydesdale Bank Data Centre near Glasgow; Stephenson House, a purpose-built warehouse in Hamilton International Park; and Enterprise House in Lincoln, a fully-let office building (pictured).
The portfolio is currently let to nine tenants, and has an average lot size of £8.36 mln (€9.6 mln). Eight assets are held freehold with one asset held long leasehold.
