THIS PROJECT WAS WORKED ON BY JOHN HULME AND GERRY YOUNG, WORKING IN PARTNERSHIP FROM ACROSS OUR BUSINESS.
Key information
Montagu Evans advised SEGRO on the acquisition of Matrix Park, Park Royal, for £140m. It comprises 256,000 sq ft of multi-let industrial accommodation and a 1.4-acre development site. The estate is fully let to seven tenants across 11 units.
In a property swap transaction, SREF acquired three multi-let industrial estates, one urban logistics unit in Greater London, and two national logistics units in the West Midlands. The portfolio totals 880,000 sq ft, and the assets totalled £205m. The balance of £65m has been paid by Schroders to Segro in addition.
The £140m acquisition of Matrix Park by Segro was completed in October 2021.
Thameslink major infrastructure project
London, Historical Environment & Townscape, Transport & Infrastructure
Network Rail