BNP Paribas REIM UK sells Amazon fulfilment centre in Bardon for £161million

Click to read the article in full.  

BNP Paribas Real Estate Investment Management (BNP Paribas REIM), acting on behalf of Vestas Investment Management (Vestas) has sold Amazon’s fulfilment centre in Bardon, Leicestershire to Savills Investment Management.

The asset was acquired in 2016 and was the first collaboration between BNP Paribas REIM and Vestas. The partners have since invested in excess of €700m in opportunities in the office and logistic sectors across Continental Europe.

The 1,063,206 sq ft single-storey facility centre with clear eaves heights of 14 metres has benefited from significant tenant investment, which includes a planned installation of 7,360 solar panels on the roof.

“We are very pleased to close the first successful investment on behalf of Vestas, who has been a partner of choice for

 link source - Commercial News Media

Continue reading this article at the original source Here