Success at the 2019 IAS AWARDS

M1 Agency advised three Clients who achieved notable success at the Industrial Agents Society Awards 2019. Nuveen won the ‘Best Industrial Investment Transaction’ for RD Park, Hoddesdon; Mulberry/Frogmore won the ‘Best Overall Scheme – Logistics Park’ for Midlands Logistics Park, Corby and Total Developments were finalists for ‘Best Overall Scheme – Multi-let Industrial Estate’ at Apollo Park, Crewe.

WINNER – Best Industrial Investment Transaction 2019

M1 Agency advised Nuveen Real Estate on the disposal of RD Park, Hoddesdon.

• UNITS A,B,C, D, G & J, RD PARK, HODDESDON
• Six self-contained single-let distribution warehouses, totaling 706,140 sq ft
• £145,000,000
• 4% NIY

 

WINNER – Best Overall Scheme – Logistics Park 2019

M1 Agency advised Mulberry/Frogmore on all lettings and funding’s which have taken place at Midlands Logistics Park, Corby.

• MIDLANDS LOGISTICS PARK, CORBY
• Acquisition of land extending to 250 acres
• Agreed letting of 121 acres to BCA Group Europe Ltd and sale to LXI REIT
• Agreed pre-let of 844,000 sq ft to Eddie Stobart and forward funding to Tritax
• Agreed pre-let of 945,375 sq ft to BSH Home Appliances Ltd and forward funding to Tritax
• Agreed pre-let of 525,000 sq ft

 

FINALIST – Best Overall Scheme – Multi-let Industrial Estate

M1 Agency advised Total Developments on the leasing strategy and disposal of Apollo Park, Crewe.

• APOLLO PARK, CREWE
• Six units extending to 170,820 sq ft
• 79% of floor area pre-let to 4 tenants with 2-year rent guarantees for the two vacant units
• £19,830,000
• 5.35% NIY