Below are a selection of Kimmre's deals showcasing the team's recent successes on behalf of our clients.
Off market acquisition of a Greater London Mid box industrial estate with significant rental reversion to be captured via asset management opportunities.
Client:
Tritax Big Box REIT
Purchaser:
Tritax Big Box REIT
Vendor:
IM Properties
Price:
£50.00m+
79 bed Travelodge hotel with 21 years unexpired and uncapped RPI reviews.
Client:
IM Properties
Purchaser:
KFIM
Vendor:
IM Properties
Price:
£6.95m - 5.60% NIY
30 bed Travelodge hotel with 22 years unexpired and uncapped RPI reviews.
Client:
IM Properties
Purchaser:
Private
Vendor:
IM Properties
Price:
£910,000 - 6.25% NIY
32 bed Travelodge hotel with 21.20 years unexpired and uncapped RPI reviews.
Client:
IM Properties
Purchaser:
Private
Vendor:
IM Properties
Price:
£3.60m - 8.50% NIY
Sovereign Housing Association's HQ - A best in class, Grade-A office let to an exceptional covenant with 16 years of RPI linked income remaining.
Client:
Corum Asset Management
Purchaser:
Corum Asset Management
Vendor:
L&G
Price:
£22.00m - 6.35% NIY - £358psf
Prime South East purpose built distribution warehouse providing a very low site cover of 30%, let to Royal Mail Group Ltd.
Client:
Columbia Threadneedle Investments
Purchaser:
UK Institutional Investor
Vendor:
Columbia Threadneedle Investments
Price:
£21.60m - 4.91% NIY
A modern industrial estate with eight industrial units extending to 165,340 SQ FT (GIA).
Client:
Tritax
Purchaser:
Tritax
Vendor:
Kennedy Wilson
Price:
Confidential
400 bed Travelodge Hotel - 27 years unexpired with uncapped RPI reviews located at Gatwick Airport
Client:
M&G
Purchaser:
Confidential
Vendor:
M&G
Price:
£40m - 6.70% NIY
Off market acquisitions of two prime last mile multi-let industrial estates in Coventry.
Client:
Mileway
Purchaser:
Vendor:
Confidential
Price:
Confidential
40 bed Travelodge hotel with 21.5 years unexpired and uncapped RPI reviews
Client:
IM Properties
Purchaser:
Private
Vendor:
IM Properties
Price:
£2.75m - 6.45% NIY
Acquisition of a prime reversionary London Industrial Estate adjacent to the A406 and fully let to four tenants.
Client:
M&G
Purchaser:
M&G
Vendor:
Orchard Street IM
Price:
£23.18m
Reversionary freehold South East multi-let urban logistics park, benefitting from excellent access to the Midlands and South East markets.
Client:
Abrdn
Purchaser:
Mileway
Vendor:
Price:
c. £38.00m - 5.70% NIY