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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InSpace Industrial, a platform backed by Invesco Real Estate and Marchmont Investment Management, has successfully acquired the Indurent portfolio from Blackstone. This significant transaction, valued at approximately £100 million, expands Space Industrial's presence in the UK industrial real estate market. The acquired portfolio comprises 11 multilet industrial estates strategically located across the United Kingdom. These properties collectively span nearly 1 million square feet, reinforcing Space Industrial's holdings. This acquisition underscores continued investment activity within the robust UK industrial property sector.