Stenprop has completed 16 new warehouse lettings and offered space to the NHS
Stenprop has reported a 6.8% increase in the value of its portfolio to £654.5m
Stenprop acquired eight multilet industrial estates for £23.9m in the third quarter
REIT buys industrial estates in Glasgow and Wolverhampton for £7.1m.
Lutton will lead on all UK acquisitions and disposals
In the year to 31 March, the firm converted to a REIT and listed on the London Stock Exchange
The proceeds will be used to fund multilet industrial properties
The UK industrial portfolio includes 22 properties with a gross lettable area of around 1.2m sq ft
Multi-let industrial REIT sold £120.9m of non-MLI assets during H1.
South African firm Stenprop has bought UK logistics platform industrials.co.uk for £127m