Marchmont Acquires East London Industrial Asset

Marchmont Investment Management has completed the acquisition of Eurocourt, West Thurrock. The Eurocourt estate comprises of approximately 35,000 sq ft of urban logistics accommodation with secure yards let to three tenants.

Marchmont Director Cameron Fraser commented, “This off market acquisition is firmly aligned with our belief that demand for logistics units of this type, fulfilling the ‘last mile’ delivery and servicing the Greater London population, will continue to provide an excellent platform for growth.”

Senior Associate Daniel Wink of Glenny commented; “This is an excellent purchase for Marchmont of three mid-sized industrial units in a strategic location which has seen significant rental growth”.

Glenny advised Marchmont on the off market acquisition.