Nova-Ambiente advises PATRIZIA/Caisson on their acquisition of Quarry Wood Industrial Estate
Nova-Ambiente advised PATRIZIA / Caisson Investment Management (“Caisson”) on their recent EUR 41m acquisition of Quarry Wood Industrial Estate, Aylesford, as part of PATRIZIA UK’s new industrial mandate.
In July 2020, PATRIZIA announced the acquisition of the multi-let industrial estate near Maidstone, on behalf of a new mandate with their operating partner Caisson, for EUR 41 million. The acquisition is the first of a number of multi-let industrial assets to be purchased throughout the UK.
Quarry Wood Industrial Estate is a freehold multi-let industrial estate comprising circa 42,000 sq m of lettable space across 27 units let to 18 tenants. Occupiers range from local, regional and national businesses in manufacturing, distribution and e-commerce.
The project was run by Oliver Funnell in Nova-Ambiente’s London office.