Investcorp has bought a prime logistics facility in Scotland for £23.2m.
Acquired from a UK fund, the 333,000 sq ft facility at Eurocentral in Motherwell is let to GXO Logistics.
Neil Hasson, head of Investcorp European Real Estate, said: “This latest acquisition of a prime logistics facility aligns with our strategy to focus on UK logistics assets. High occupier demand and constrained supply are creating attractive investment opportunities. We continue to monitor opportunities in the UK logistics and industrial sector, as well as actively manage our portfolio for the benefit of our investors.”
