05-portfolio Bedford, / Wilstead Industrial Park

Acquired off-market in Q2 2017, this 30-acre site comprises 456,000 sq ft of multi-let industrial and warehouse accommodation. Since then, an additional 450,000 sq ft of lettings has been secured, increasing WAULT by 6 years and raising the headline rent by 94%.

Additionally, 170,000 sq ft of new construction across three units has been completed, with 52% pre-let and all leases signed for a minimum of 15 years. This successful asset management has led to a 215% increase in asset value since purchase.