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: 

http://www.costar.co.uk/en/assets/news/2017/April/OLIM-buys-Bookers-warehouses-for-29536m/

http://www.propertyweek.com/news/olim-buys-five-booker-warehouses-for-30m/5088607.article?origin=PWdailynews

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