Aberdeen Standard Investments is in talks to buy a major IM Properties logistics hub at Hinckley Park in Leicestershire for in excess of £90m, which reflects a yield in the low 3% range, CoStar News understands, as the industrial take-up and investment boom shows no signs of letting up.
Exclusive
Aberdeen Standard Set to Buy £90M-Plus 'Amazon' Hinckley Hub as Industrial Boom Continues
IM Properties Understood to be Set to Sell Hub at Low 3% Yield
By Paul Norman
CoStar News
April 13, 2021 | 3:42 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Hinckley 532
Hinckley Park, Hinckley, LEC