Deutsche Finance International (DFI), a pan-European private equity real estate platform, has expanded its U.K. urban logistics and industrial platform, a joint venture with operating partner and co-investor Argo Real Estate, with the acquisition of the Headley Park 10 estate in Reading.
Headley Park 10 is a 24-unit multi-let asset, offering 117,000 square feet of urban logistics and industrial space that is fully occupied to 19 high-quality tenants including Toolstation, Screwfix and SFL Group, in units ranging from 1,000 to 13,000 square feet with a low site coverage ratio of 30 percent across the 8.5-acre site.
In line with the platform’s strategy, the joint venture will seek to improve rental income by accessing reversion and undertaking a capital expenditure program to improve EPCs to target an A sustainability rating and initiating a net-zero carbon pathway.
Headley Park 10 benefits from a prime location in a supply-constrained industrial market with pro
