This is our largest proportion of the portfolio by value. We own 18 industrial assets located across the UK, ranging from distribution warehouses, located within the Midlands, to industrial estates, trade counter units and solus units, primarily located in the South East of England.

Key metrics as at 31 March 2022

20222021
Value£509.7m£360.7m
Internal Area3.2m sq ft2.6m sq ft
Passing Rent£17.60m£16.9m
Estimated Rental Value£23.4m£19.3m
Occupancy98%100%
Number of Assets1816

Portfolio as at 31 March 2022

PropertyArea (sq ft)    Freehold/ Leasehold
River Way Industrial Estate, River Way, Harlow454,800Freehold
Mill Place Trading Estate, Gloucester366,200Leasehold
Parkbury Industrial Estate, Handley Page Way, Radlett343,800Freehold
Trent Road, Grantham336,100Leasehold
Belkin Unit, 3 Shipton Way, Rushden, Northants.312,900Leasehold
Madleaze Trading Estate, Gloucester303,100Freehold
Vigo 250, Birtley Road, Washington, Tyne and Wear246,800Freehold
Units 1 & 2, Kettlestring Lane, York157,800Freehold
Sundon Business Park, Dencora Way, Luton127,800Leasehold
The Business Centre, Molly Millars Lane, Wokingham101,000Freehold
Swiftbox, Haynes Way, Rugby99,500Freehold
Lyon Business Park, River Road, Barking99,400Freehold
Easter Court, Europa Boulevard, Warrington81,800Freehold
Abbey Business Park, Mill Road, Newtownabbey61,500Freehold
Datapoint, Cody Road, London55,100Leasehold
Nonsuch Industrial Estate, 1-25 Kiln Lane, Epsom, Surrey41,400Leasehold
Unit 1 & 2, Downmill Road, Western Industrial Estate, Bracknell41,200Freehold
Magnet Trade Centre, Winnersh, Reading13,700Freehold

Largest occupiers as at 31 March 2022

Occupier% of total
portfolio

Whistl UK Limited

3.6

The Random House Group Limited

2.6

Snorkel Europe Limited

2.6

XMA Limited

2.2

DHL Supply Chain Limited

1.7