Jiskoot Technology Centre, Tunbridge Wells Deal
An off-market acquisition of a 20,839 sq ft industrial/office unit and additional 8,274 sq ft industrial unit
Client
F&C Fund Management Limited c/o BMO Global Asset Management
Price
£6.25m
Net yield
5.40%
Related pages
The Jiskoot Technology Centre is a bespoke built warehouse and office facility which is let to the strong covenant of Cameron Ltd, part of the Schlumberger group of companies. The property features fixed uplifts in the lease guaranteeing a minimum reversion in 2021. Also included in the acquisition was Unit 3, an 8,274 sq ft industrial terrace, which is single let to COH Bains Ltd. This has potential to be split up into multi-let units.
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