Recent Transactions

Lewis & Partners advised a private property company on the acquisition of Heron Industrial Estate in Reading, from Threadneedle Pension Fund. The property was multi let, with pricing reflecting circa £6M and 8% NIY.

Lewis & Partners advised a private investor on the disposal of a Selco trade counter investment to an institutional purchaser. The property was newly built and provided a brand new 15 year lease to Selco. The acheived price was £5M, reflecting a net initial yield of 6%. 

Lewis & Partners advised a private investor on the sale of Leyton Industrial Open Storage site, in London E10. The property was acquired by a private equity backed vehicle. The 8 acre site was sold with effective vacant possession with pricing reflecting circa £48M.

Lewis & Partners acted on behalf of Indurent on the acquisition of Newburn Industrial Estate from Aegon Asset Management. The property was multi let to numerous industrial tenants and the pricing reflected £9M and 8.5% NIY.

Lewis & Partners acted on the off-market sale of Gatehouse Way Industrial Estate, on behalf of a private investor, which was acquired by Paloma Capital. The property was multi-let, benefitting from a low site cover, with pricing reflecting circa £7M and 6% NIY.

Lewis & Partners acted for the vendor, a private family office, in the disposal of Quarry Wood Industrial Estate in Aylesford, to Patrizia. The property was multi let to numerous industrial tenants, at pricing level to reflect circa £38M and 5.5% NIY.