Sittingbourne Research Centre has around 75 buildings on a 116-acre site catering for warehouse/light industrial, office, laboratory and horticulturaluses and includes land for further development.
Ashtenne acquired the property for £11.3 million ($17.6 million)in May 2001 when the annual rentalincome was about £1 million ($1.5 million) and since then a number ofthe buildings have been redeveloped.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.