Below are a selection of Kimmre's deals showcasing the team's recent successes on behalf of our clients.
A cross-doored South East 42,570 sq ft urban logistics warehouse, let to Dreams with c. 8 years UXT.
Client:
Brydell Partners
Purchaser:
Kennedy Wilson
Vendor:
Price:
Confidential
Forward funding of the speculative development of a combined 772,000 square feet of high-quality logistics facilities at four business parks across the East Midlands.
Client:
JV - Hines
Purchaser:
JV - Hines
Vendor:
Price:
Confidential
Purpose built 210,368 sq ft logistics warehouse pre-let for 30 years with indexation.
Client:
Graftongate
Purchaser:
Confidential
Vendor:
Price:
Confidential
A 25,598 sq ft GIA warehouse on the M25, with c. 3 years UXT.
Client:
Private Client
Purchaser:
Confidential
Vendor:
Price:
Confidential
Newly built 164,846 sq ft distribution centre let for 20 years with RPI 1% p.a. - 3% p.a. compounded 5 yearly rent reviews.
Client:
Barwood Capital
Purchaser:
Confidential
Vendor:
Price:
Confidential
Highly reversionary, well let industrial estate with one vacant fully refurbished unit. 11.21 acre site with 5.7 years to breaks, suitable for medium term re-development.
Client:
Goodman
Purchaser:
Goodman
Vendor:
Price:
Confidential
Strategic last mile logistics site in the core South London industrial market. Very rare 11-acre rectangular site suited to total redevelopment in 2022/2023.
Client:
Private
Purchaser:
Patrizia AG / Kingston Estates
Vendor:
Price:
Confidential – Record land price
16.5 acre site acquisition with short-term income from an international pharmaceutical company. Numerous buildings totalling 290,000 sq ft. Significant re-development opportunity, subject to planning.
Client:
Kingsbridge / Bridges Ventures
Purchaser:
Kingsbridge / Bridges Ventures
Vendor:
Price:
£11.4m
Highly specified multi-let trade park & pre-let warehouse investment . 52% of the income is secured against a recently constructed, fully let Trade Park, across 6 units. The other 48% is secured against a pre-let on a 30,000 sq ft industrial unit.
Client:
Clowes Developments
Purchaser:
Stenprop
Vendor:
Price:
£5.9m – 6.22% NIY
220,274 sq ft across one multi-let office building, three industrial buildings and a development plot. Fully let to six tenants with 7.6 years term certain.
Client:
Bridges Ventures / Chancerygate
Purchaser:
Regional REIT
Vendor:
Price:
£15.36m – 8.92% NIY
116,307sq ft Doosan HQ office investment sale.
Client:
Longmead
Purchaser:
Corum XL
Vendor:
Price:
£30.34m - £261psf
110 key hotel let to Travelodge Hotels Ltd on an FRI lease with an unexpired term of circa 30 years and subject to uncapped RPI reviews.
Client:
Aviva
Purchaser:
Confidential
Vendor:
Price:
£9,310,000