Thetford logistics unit sold as part of £20m deal
PUBLISHED: 16:25 07 February 2018 | UPDATED: 15:48 08 February 2018
A logistics unit in Thetford is among three to have been offloaded by a London property developer in a multimillion pound deal.
Helical sold the 127,600 sq ft space in Wyatt Way, along with two similarly-sized logistics units in Aspect Way and Sandal Stones Road in Doncaster.
They were bought by a fund managed by Clearbell Capital for a total of £20.25m.
Helical, which owns a mixture of office, retail and logistics units around the country, said the sales were part of a “strategic shift” to concentrate on office developments and investments.
Tom Anderson, senior investment executive at Helical, said: “These recent sales are another step along the way for Helical as we focus our portfolio on primarily office-led activity within London and Manchester.
“The sale follows a series of non-core disposals including our retirement living and retail assets.”