Protego Real Estate Investors has bought the 558,000 sq ft Blakelands Industrial Estate in Milton Keynes for £45.9m, a 6.23% initial yield.
The 40-acre multilet scheme had attracted Hermes, AXA Sun Life and Morley.
JLL advised Protego; Holley Blake acted for vendor Henderson.
References: EGi News 03/03/06
