Kimmre have completed the sale of the Valencia Portfolio comprising 6 Booker Cash and Carry warehouses. The portfolio was sold at a price of approximately £35m.
5 of the properties were sold to OLIM Property for circa £30m with the remaining property being sold to Highcroft Investments.
The properties are all let to Giant Booker Limited on leases expiring in 2030 with a tenant’s option to break in 2025.
This story was released by CoStar and Property Week: