Indurent has acquired a portfolio of UK industrial and logistics development sites from Cilldara Group and Graftongate for an undisclosed price.
The forward-funded 471,000 sq ft portfolio will be developed and delivered by Graftongate in phases between October 2026 and May 2027.
The portfolio comprises: a 90,000 sq ft single unit in Walsall, West Midlands; a 199,000 sq ft single unit in Knowsley, Merseyside; and 182,000 sq ft of space across 12 units in Byfleet.
Oliver Smith, investment director at Indurent, said: “This acquisition of prime development sites is a demonstration of our confidence in the strength and resilience of the UK industrial and logistics market. It also highlights Indurent’s ability to partner with leading developers like Graftongate, to deliver high quality, sustainable logistics space that meets the evolving needs of our customers.”
Phil Silk, principal – managing director, at Graftongate, added: “We are proud to partner with Indurent in the development of these three strategically located sites. The schemes reflect our shared ambition to deliver modern logistics accommodation of significant scale and quality, and we look forward to progressing them over the next 18 months as we continue to build on our strong working relationship.”
Indurent was represented by DTRE.
