16 Jul 2024 16:15 BST | by Chris Borland
Duo acquires vacant industrial unit in Camberley

• What Marchmont and BauMont have bought a vacant industrial facility in Camberley, Surrey
• Why current occupier STIHL GB has opened a new headquarters
• What next First industrial deal for BauMont, with the firm reviewing further opportunities in the sector

Marchmont and French investor BauMont Real Estate Capital have partnered up to buy an 80,000 sq ft distribution hub in the South East, Green Street News can reveal.
The duo have bought STIHL GB’s former base on Stanhope Road, Camberley, with vacant position. The deal represents the first industrial acquisition by BauMont, as well as being the first time the French private equity form has worked with Marchmont.

STIHL said its leasing of the site was no longer necessary after it opened a new 170,000 sq ft facility.

James Rodwell, director at Marchmont, said: “We are excited to add this high-quality logistics asset to our portfolio, providing the opportunity to deliver a high-quality refurbishment into a supply starved market. The property represents our first deal with partner BauMont and we consider this to be an excellent first logistics asset in their multi-sector portfolio.”

Harry Wentworth-Stanley, investment director at BauMont, added: “This acquisition represents BauMont’s first in the industrial sector and aligns with our strategy to acquire existing assets with sound fundamentals, capable of being positioned to deliver future-proofed product.

“We are excited to be working with Marchmont, which has an experienced management team with an extensive track record in the sector. We are selectively pursuing further acquisitions in similarly well-located but supply-constrained locations, underpinned by strong demand for high-quality, sustainable logistics space.”

Marchmont and BauMont were advised by Hurst Warne and Opal Partners. STIHL GB was represented by Curchod & Co and JLL.