Caisson acquires Caterpillar Units 1 & 2 - 20 Pease Road, Peterlee         

 Sep 2013

Caisson Investment Management, together with its JV equity partner Parabola Capital, have purchased Units 1 & 2, 20 Pease Road, Peterlee for c.£3.75m.  The site is let to Caterpillar and comprises an area of     108,287 sq ft over two units.  The transaction represents a net initial yield of c.14.56%.

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

Caterpillar

-Ends-

Contact for enquiries

Lisa Allsup

Caisson Investment Management

Lisa.Allsup@caisson-im.com

+44 207 280 9600

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