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Goodman Completes £125-Million-Plus Tottenham Industrial Estate Buy

Savills IM Has Sold Estate on Behalf of Diageo Pension Fund
CoStar News
August 23, 2021 | 7:12 AM

Savills Investment Management has completed the sale of Mowlem Trading Estate in Tottenham, North London, to Goodman for an undisclosed sum understood to be in excess of £130 million or a circa 2.5% yield. That figure is significantly ahead of the £96 million price the estate was originally marketed at, as the industrial investment market, particularly for last mile assets in urban locations, continues to boom.

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