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Moorfield marks return to logistics with £30m splash

Moorfield Group has made a return to the logistics sector with the acquisition of an industrial portfolio from M&G Real Estate for £30m, with the deal also representing the debut purchase of the fund manager’s new logistics investment vehicle, CoStar News can reveal.
By Chris Borland
October 24, 2016 | 7:00 P.M.

New entity Moorfield Logistics Partnership (MLP), on behalf of Moorfield Real Estate Fund III and Moorfield Group, has acquired a trio of assets in Rushden, Warrington and Deeside as a seed portfolio for MLP, which is seeking to target short-term income producing assets in established distribution locations.

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News | Moorfield marks return to logistics with £30m splash