£34.3m acquisition of Aequitas Estates (Hoddesdon) Limited by Urban Logistics REIT plc

IndustryReal Estate
Client nameUrban Logistics REIT Plc

Urban Logistics REIT plc, a UK logistics specialist, acquired a twelve acre logistics site based in Hoddesdon, Hertfordshire for a consideration of £34.3m. The site comprises five units, three of which are let to Muller UK & Ireland Group. The site is strategically located within seven miles from the M25 and provides Urban Logistics REIT plc with value enhancement opportunities.

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