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Workspace sells off ten industrial estates

WKP : Workspace sells off ten industrial estates

Workspace Group is selling off ten industrial estates, encompassing a total of 281,500 sq ft, for £44.3m The properties are being bought by Capital Industrial One BV.

The price is a 35% premium to the value of the estates at the end of March 2014.

The estates sold were Redbridge Enterprise Centre, Ilford, IG1, Buzzard Creek Industrial Estate, Barking, IG11, Maple Industrial Estate, Feltham, TW13, Littleton House, Ashford, TW15, Artesian Road Industrial Estate, Stonebridge, NW10, Barratt Way Industrial Estate, Harrow, HA3, Canterbury Industrial Estate, Lewisham, SE15, T Marchant Trading Estate, South Bermondsey, SE16, Mahatma Ghandi Industrial Estate, Loughborough Junction, SE24 and the Michael Manley Industrial Estate, Battersea, SW8.

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