Northwood News

Northwood Investors Acquires UK Urban Logistics Portfolio

8 January 2021

Northwood Investors has acquired 11 UK assets from Industrial developer and asset manager Chancerygate.

The UK Urban Logistics Portfolio is comprised of 12 newly-developed last-mile logistics assets in major population centres across the United Kingdom.

The assets are located in Livingston, West Lothian; Knutsford, Cheshire; Aintree; Merseyside; Beeston, Nottinghamshire, Ipswich; Suffolk, Norwich, Norfolk; High Wycombe, Buckinghamshire; Cheltenham, Gloucestershire; and Dartford and Maidstone in Kent.

Acceleration in e-commerce and the increasing need to facilitate same-day deliveries continues to drive growing occupier demand for edge-of-urban distribution hubs. The portfolio provides modern, well-located, BREEAM-certified product to tap into this demand in an increasingly supply-constrained market.

Visit the website at www.northwoodurbanlogistics.com for further information on each asset.