Prologis asset sold for market-leading yield

  

Aberdeen Standard Investments picks up prime distribution centre 

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Location

Fradley, Staffordshire

Square Feet

213,482

Prologis UK wanted to investigate alternative investment options for its asset to achieve the best price possible for a distribution centre at Prologis Park, Fradley, Staffordshire.

How we worked together

We had originally advised and assisted in structuring the joint venture ownership of this site. Working closely with our industrial leasing specialists, the capital markets team advised on the implications of multiple investment options

Resolution

Prologis successfully sold the 213,482 sq ft distribution centre to Aberdeen Standard Investments for a market-leading initial yield of 4.45%.