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      What we do/ Our Projects/ Deltic Trade Park, Milton Keynes Deal

      Acquisition and provision of development funding for a trade park scheme in Milton Keynes

      Deltic Trade Park, Milton Keynes

      Client
      Canada Life European Real Estate Ltd

      Price
      £9.65m

      Net yield
      5.25%

      Newly developed builders merchants and 5 trade park units totalling 4,375.76 m (47,100 sq ft). The development is 58.5% pre-let to MKM Building Supplies and Just Tyres and 41.5% speculatively funded. Once fully let, the total expected income rent will be £525,500 per annum, reflecting rents of circa £10 to £12 per sq ft.

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