Royal London Asset Management Property (RLAM) has acquired Coca-Cola’s undeveloped land at Brackmills Industrial Estate in Northampton, England, to develop a £340 million ($460 million) logistics hub, according to Estates Gazette.
The project will be RLAM’s largest logistics development to date. The firm’s U.K. industrial portfolio totals £3.2 billion ($4.3 billion). RLAM has partnered with Graftongate to deliver more than 1.2 million square feet of logistics space.
