Halesfield 5


Date acquired: November 2017
Location: Blocks A, D, E, F & G, Halesfield 5, Telford, TF7 4QJ
Size: 123,354 sq ft / 11,460 sq m
Tenant: Multi-let, tenants include Exstockpro Ltd

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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