Overview
Hansteen has announced the sale of 27 assets (11 industrial estates in the South West of the UK and a further 16 individual assets) over the course of Q4 2013 for a total consideration of £76.4m.
Hansteen made £4.2m profit on the sales which included the disposal of Horndon Industrial Park in Essex, the Malthouse Estate in Shoreham (pictured) and Vernon Park in Wolverhampton.
The yield on the assets sold was 7.1%.