Planetary Road,
Wolverhampton
Overview
Sector
Long Income
Purchase Date
May 2021
Purchase Price
£12.1m
NIY
6.0%
Strategy
Fiera Real Estate
Long Income Strategy
Long Income Strategy
This acquisition to the FRELIF portfolio showcases how we work with our regional, part-owned property companies to provide a unique deal pipeline of high quality, long leased assets into the fund whilst exceeding all of our key ESG goals.
Property Company
Features
- 2.95-acre site
- Pre-let to Cadent Gas Ltd for a term of 20 years
- 25,000 sq ft office building and 5,300 sq ft warehouse
Purchase Rationale
- Five yearly RPI rental uplifts
- Pre-let to institutional grade tenant upon acquisition
- Long lease length
ESG
- BREEAM Excellent rating
- Utilises renewable and energy-saving technology
- EPC A rating
- Solar Panels
- Rainwater harvester for toilet flushing
- 10% of car parking spaces have EV charging points
Location
- Planetary Road, Wolverhampton, WV11 3DS
All Assets
Asda,
Stockport
Aston,
Birmingham
B&Q Portfolio
Alicante
PBSA Development
Southampton
Logistics Development
Valencia
PBSA Development
Rectory Farm,
Kings Langley
Virginia Water,
Surrey
Trade Street Gardens,
Cardiff
Skyline,
Bristol
Watford Works,
North-West London
RISE,
Hemel Hempstead
Claverings Industrial Estate,
Edmonton
Opus 49
Avonmouth, Bristol
King Street,
Leeds
Halo,
Bristol
Aurora,
Bristol
Xpanse 120,
West Midlands
Urban Crawley,
Crawley
Spark,
Bishop’s Stortford
Prospero Ansty Park,
Coventry
Willingdon,
Eastbourne
The Castings,
Manchester
Millwrights Place
& Coopers Court, Bristol
Maritime Gateway,
Southampton
