Halesfield 19 Units A-F

Telford

Date acquired: November 2017
Location: Units A-F, Halesfield 19, Telford, TF7 4QT
Size: 142,489 sq ft / 13,237 sq m
Tenant: Multi-let, tenants include CEDO Limited

Part of the Darby portfolio, a corporate acquisition involving 40 assets; 32 warehouse investments and 8 office investments with a wide geographic spread (3 offices have subsequently been sold).  Numerous opportunities for letting voids, regearing leases, increasing rent following capex to improve and reposition buildings and carrying out historic rent reviews which have never been implemented.

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