Trebor secure sale of Telford DHL development
Trebor and Hillwood have completed the sale of their investment in a 55,000 sq ft logistics warehouse in Telford let to DHL on a 15 year lease term.
The sale to Soor Capital was agreed in August and completed in just 5 weeks, being a prime development completed by Trebor and Hillwood in 2023 in the established Hortonwood area of Telford.
Bob Tattrie, Managing Partner of Trebor Developments commented: “We are delighted to have achieved this sale. It’s a first class building in a great location with an excellent tenant, and we have had strong interest in the opportunity since we completed the lease with DHL last summer.
Soor Capital have been an excellent purchaser with a very quick transaction process and we can see the benefit of this high quality property to Soor’s growing UK portfolio.”
Sayner Real Estate advised Soor Capital on this off-market deal.