£10.4m acquisition of David Hathaway Holdings Limited by Urban Logistics REIT plc

Deal typeCapital markets & Transaction Services
IndustryManufacturing & Real Estate
Sub-industryTransport & Logistics
Client nameUrban Logistics REIT Plc

Urban Logistics REIT plc, a UK logistics specialist, acquired David Hathaway Holdings Limited and its subsidiary David Hathaway Properties Limited, which held two logistic assets in Royal Wootton Bassett and Yate, for a combined headline price of £10.4m. The transaction was completed on a sale and leaseback basis.                      

BDO provided financial and tax due diligence, tax structuring and SPA advice in support of the transaction.