MARCHMONT SELL LOGISTICS UNIT IN SWANLEY

Following the completion of asset management initiatives, Marchmont have sold Moreton Industrial Estate Swanley, an asset owned in a joint venture with Peveril Securities.   The property was sold to Clipstone for £3.4 million.

 

Cam Fraser, Director of Marchmont commented, “Following completion of the immediate asset management initiatives on the estate, we took the opportunity to capitalise on strong demand in the market for well-let urban logistics units.”