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Commercial property consultancy Kirkby Diamond has completed a rent review on behalf of one of Europe’s leading real estate investment managers, leading to a 24% increase in rent at a logistics warehouse in Northamptonshire.
Kirkby Diamond’s lease advisory team was instructed to advise ESR Europe on a rent review on a 45,000 sq ft warehouse unit at the Brackmills Industrial Estate in Northampton, utilising the market connections within the firm’s Industrial and Logistics team, headed by Eamon Kennedy.
Mark Hannam, partner and head of lease advisory and asset management at Kirkby Diamond, said: “We were very pleased to act for ESR Europe on this rent review, dealing with an asset within the prime industrial location in Northampton.
“Utilising our extensive experience and local
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