Westbrook Partners buys industrial portfolios for €208m
Transactions - MARCH 7, 2022

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Westbrook Partners buys industrial portfolios for €208m

by Andrea Zander

Westbrook Partners has acquired two urban logistics portfolios in the United Kingdom for £172.5 million (€208.3 million/$227.8 million).

The first portfolio, Urban Portal, was sold by Chancerygate. It comprises three multi-unit logistics developed located in Aston Clinton, Brackley and Leicester, spanning across 347,177 square feet across 45 units.

The second portfolio, City Gateway, was sold by Chancerygate and Bridges. It comprises three multi-unit developments in Edinburgh, Leeds and Peterborough, totaling 485,389 square feet across 61 units, providing 43 industrial/warehouse units, 16 trade counter units and two drive throughs.

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