News

Three acquisitions completed during the quarter, with a further five assets under offer. Investment has been focussed on mixed use schemes offering strong income in affluent catchment areas, multi-let industrial estates and strategic additions to existing holdings.

Notable transactions include the off-market acquisition of Prince Mead Place, Trafford Park, Manchester (£11.5m). The property is a multi-let industrial estate comprising seven units. This acquisition provides DTZ Investors with increased exposure to a strong regional industrial location, in a sector which is expected to see continued income growth over the medium-term.

DTZ Investors also completed the acquisition of 4-6 George Street, Richmond (£11.4m), a mixed-use asset situated on the prime retailing pitch in the London suburb of Richmond. The property comprises retail units at ground and basement, with office and residential accommodation across the upper parts. The acquisition provides exposure to an affluent urban centre offering sustainable income and opportunities for income growth.  

Future investment will be targeted towards multi-let industrial estates, mixed-use assets in affluent centres, and alternatives offering long income.