London-based investment management and advisory firm Leopard Capital has closed on one of the North of England’s largest property investment deals so far this year.
The firm has acquired a 1.25m sq ft industrial and distribution estate next to Leeds Bradford Airport for £25m.
This investment marks Leopard Capital’s first entry into the Yorkshire market.
The estate, known as Leeds Bradford Airport Depot, sits on a 60-acre site with tenants including APCOA, VPK Packaging, Jet2, VLT Logistics, and Toyota Tsusho.
Leeds Bradford Airport Depot consists of 15 buildings ranging in size from 25,000 sq ft to 150,000 sq ft and had been owned by Broadland Properties Group since 1969.
James Hill, director at Broadland Properties Group, said: “With changing group investment criteria and an ambitious acquisition pipeline, the time had come for Broadland Properties to pass this signature building into new ownership.”
Broadland Properties was advised by GV&Co’s investment division; Commercial Property Partners represented Leopard Capital.
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