Investcorp has acquired a portfolio of seven industrial properties in the UK from Custodian REIT for £32.6 million, marking its 13th acquisition in the UK's industrial sector.

Information on the Target

Investcorp has successfully acquired a portfolio comprising seven industrial properties located in the UK. This portfolio, purchased from Custodian REIT for £32.6 million, includes two multi-let and five single-let properties situated in key locations including Bedford, Warrington, Stone, Gateshead, Stockton-on-Tees, Christchurch, and Aberdeen. Collectively, these assets accommodate 12 tenants and cover a total area of 360,000 square feet.

This acquisition represents Investcorp's strategic approach to expanding its footprint in the UK industrial and logistics market. With this latest purchase, the firm has now acquired a total of 51 properties in the sector, totaling approximately 4.4 million square feet, and has invested around £300 million over the past four years.

Industry Overview in the UK

The UK industrial sector has witnessed significant growth in recent years, driven by a surge in e-commerce and subsequent demand for logistics and industrial spaces. As consumer habits evolve, particularly