Caisson acquires The Hollands Centre, Haverhill, Cambridgeshire

 Oct 2012

Caisson Investment Management and their equity partner Parabola Capital have acquired The Hollands Centre in Haverhill, Cambridgeshire, a multi-let industrial estate, as part of their ongoing investment into the sector. The estate comprises six units, two of which are vacant; creating a 40.0% void. The transaction for c. £1.5m shows a net initial yield of approximately 10.00%.  The net revisionary yield is expected to be 14.00% once all units are let.

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

HollandsCentre

-Ends-

Contact for enquiries

Lisa Allsup

Caisson Investment Management

Lisa.Allsup@caisson-im.com

00 44 207 280 9600

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