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Cording in £52m Spanish deal

Lineside industrial estate

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.

View Spanish portfolio in a full screen map

 

chris.berkin@estatesgazette.com

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