Park Logisitics - Creating Supply Chain Solutions

Park Logistics - Creating supply Chain Solutions

Creating Supply Chain Solutions
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LGP completes John Lewis warehouse sale

Legal General Property has completed the sale of its 84,620 sq ft warehouse on Innova Park in Enfield to clients of Norton Newman, for £11.4 million.

LGP’s Managed Fund purchased the property in a pre-let forward funding in December 2009, for around £8 million. Practical completion occurred in September 2010 and a new 20 year lease to John Lewis commenced simultaneously.

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