Caisson Acquires Bridgwater Portfolio

Jul 2013

Caisson Investment Management and its JV equity partner Parabola Capital have acquired the Bridgwater Portfolio for c.£8.5m from the administrators for London and Westcountry Estates. The portfolio comprises c.195,000 sq ft of space across seven multi-let industrial estates and 59 units. The transaction represents a net initial yield of c.11.15%.

The transaction forms part of the new Joint Venture which is committed to investing c.£50.0m into the UK MLI sector.

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Contact for enquiries

Lisa Allsup

Caisson Investment Management

Lisa.Allsup@caisson-im.com

+44 207 280 9600

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Caisson Acquires Bridgwater Portfolio

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