Transport-focused global investment manager Realterm has acquired Unit 1 Brazil Close, a strategic final-mile delivery property located in the London borough of Croydon.
This 3,800 m2 facility, situated on a 1 hectare site, is located in Croydon, South London's key logistics hub, approximately 16 kilometres from the city center.
It is currently leased to DPD Group, a leading parcel delivery company, serving as a mission-critical final-mile hub for delivery areas including Croydon, Brixton, and Greenwich.
Tamsin Layton, head of UK Investment for Realterm, said: ‘This acquisition represents a terrific opportunity for Realterm to expand its presence in one of London's most sought-after logistics submarkets. The property's strategic location, highly functional specification with a unique IOS component and long-term lease to a blue-chip tenant, align perfectly with our investment criteria and growth strategy.’
Alberto Radice Fossati, managing director and European Fund manager for Realterm, added: ‘The industrial property market in London continues to demonstrate strong fundamentals, driven by factors such as high rental growth, a constrained development pipeline, and increasing demand for final-mile delivery solutions. This Croydon facility exemplifies the type of property we aim to add to our portfolio with high flow through characteristics and industrial outdoor storage functionality, designed to move goods and create efficiency along our tenants’ supply chain.’
The property's strategic location near the A23 and other major transportation links, including multiple train, tram, and bus stations, ensures efficient access to both London's city center and the wider South London market, with its extensive employment base.
The asset features a modern warehouse with attractive loading ratios and dedicated final-mile fleet parking areas, further enhancing its appeal as a prime logistics location.
