Caisson acquires Faraday Mill, Plymouth         

 Aug 2014

Caisson Investment Management and their JV equity partner Parabola Capital have acquired Faraday Mill trade and Business Park in Plymouth for c.£6.3m.  The property consisting of 68 units across a Trade Counter estate and Small Business/Retail Centre totals 192,219 sq ft.  The transaction represents a net initial yield of 11.72%, and with a c.50.00% void is expected to rise to a reversionary yield of c.13.91% once fully let and refurbished.

The transaction forms part of the Joint Venture which is committed to investing c.£70.0m into the UK MLI sector.

FaradayMill

-Ends-

Contact for enquiries

Lisa Allsup

Caisson Investment Management

Lisa.Allsup@caisson-im.com

+44 207 280 9600

Research

"Caisson Newsletter December 2017"
Source: Caisson Investment Management

"2017 H1 Research Paper"
Source: Caisson Investment Management

"Caisson Newsletter December 2016"
Source: Caisson Investment Management

"2016 H1 Research Paper"
Source: Caisson Investment Management

"Caisson Newsletter December 2015"
Source: Caisson Investment Management

"2015 H1 Research Paper"
Source: Caisson Investment Management

"Caisson Newsletter December 2014"
Source: Caisson Investment Management

"2014 H1 Research Paper"
Source: Caisson Invesment Management

"Caisson Newsletter December 2013"
Source: Caisson Investment Management

"Caisson Newsletter December 2012"
Source: Caisson Investment Management

"Caisson Newsletter December 2011"
Source: Caisson Investment Management

"Caisson Newsletter December 2010"
Source: Caisson Investment Management

"Caisson Newsletter March 2010"
Source: Caisson Investment Management

"Caisson Newsletter May 2009"
Source: Caisson Investment Management

Caisson has enabled EAV Co-ordinated to move quickly into multiple buildings, allowing us to expand our business and ensuring sites are continuously maintained to a high standard.

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