The Commission for New Towns is continuing its disposal of investments in Milton Keynes with two industrial investment sales worth £6m.
Fifteen sheds at Kiln Farm 8 have been sold to the Industrial Partnership, part of the IO Group, while Mount farm 3, a 9,677 sq m (104,163 sq ft) industrial estate, has been bought by Willowbrite (Dawson Road) Limited.
CNT has sold five out of a total holding of nine Milton Keynes investments in the last year, including offices at Stone & Webster House and a campus development, Shenley Pavilions.
Kiln Farm 8 includes units from 418 sq m (4,500 sq ft) to 1,672 sq m (18,000 sq ft). The 23 blocks at Mount Farm 3 are up to 1,231 sq m (13,250 sq ft) and are split between Dawson Road and Clarke Road.
Downer Duff acted for the Industrial Partnership. Montague Goldsmith represented Willowbrite (Dawson Road) Limited. DTZ Debenham Thorpe advised CNT.
EGi News 19/02/97
