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Opus 3, Picardy Manorway, Belvedere

Property Type

Speculative industrial development

Description

Unconditional purchase of a 3.8 acre site. Planning consent was obtained in July 2017 for a 68,000 sq ft detached industrial unit with associated yard. The building was subsequently forward sold to Orchard Street Investment Management on a forward commit basis. Construction completed in September 2018.

Key facts

Ownership interest: 100%
Floorspace: 68,000 sq. ft.
Acquired: March 2017
Title: Freehold