The REIT formerly known as Stenprop plans to be 100% MLI by March 2022
The REIT formerly known as Stenprop is two properties away from being a 100% MLI business
Arenson: “The fact that we could just pick up a sector as a brand name, it’s quite amazing”
Name change comes as firm moves closer to goal of becoming a purely multi-let industrial business
The industrial specialist still has £45m of offices to sell to reach its goal
Portfolio comprises five multi-let industrial estates and Whitacre Industrial Park in Huddersfield
Bradley Hall Trading Estate in Wigan acquired from Himor Group for £20.6m
Company ‘firmly on track’ to have entirely multi-let industrial portfolio by next March
Company says demand for multi-let industrial space “as high as we’ve ever witnessed”
With stiff competition for limited assets, the team is up for the fight as it battles to go big
Company says “strong recovery” ahead for MLI, as rent collection rates grow
Company’s portfolio is now almost two-thirds industrial-focused