Industrial
Kenfig
Location: U.K.
Size: 500,000 square feet
Developable land: 5 acres
Global Mutual was the asset manager of South Wales Distribution Centre, a big box industrial estate between Cardiff and Swansea.
Value was created by extensively refurbishing the property, and a subsequent lease up to full occupancy securing Amazon and other credit tenants.
The stabilised asset was successfully exited to an institutional investor.