Brockton Capital and Dunedin have selected Cording Group as preferred bidder to buy the multi-let industrial Spanish portfolio for around £52m.
The 1.6m sq ft portfolio has a passing rent of £5m from 130 leases.
It comprises Kayley, Lineside (pictured, right), Greens and Oxford Street industrial estates, as well as the Tyseley and Hindley Green business parks.
Tudor Toone acted for Cording; JLL acted for Brockton.
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