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Case Study

Building survey – Industrial - UK wide portfolio

The P&DS team acted for Universities Superannuation Scheme Ltd. (USS) in its purchase of the 2.9m ft² Equiton Industrial Portfolio for £196 million (at a yield of c.8.7%) from Brixton, Edger Investments Limited (PRUPIM) and the SE Industrial Unit Trust.

The acquisition required the building surveying teams to mobilise, inspect and report on 41 separate assets in the South East within seven working days.

Exchange of contracts was achieved in only three weeks from agreeing terms.

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