Springvale Industrial Park


Date acquired: November 2017
Location: Units 1-19 & 21-33 Springvale Industrial Park, Union Street, Bilston, WV14 0QL
Size: 120,124 sq ft / 11,160 sq m
Tenant: Multi-let, tenants include Ercon Powder Coatings Ltd

Part of Project Darby, the corporate acquisition of RVB Investments Ltd which owned 40 assets; 32 warehouses and 8 offices. The portfolio provides numerous opportunities to add significant value through minor and major refurbishments followed by leasing voids, renegotiating existing and expired leases and carrying out unimplemented rent reviews.

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