Deals

Glenny advises BlackRock on the acquisition of Uplands Business Park

Glenny advises BlackRock on the acquisition of Uplands Business Park

BlackRock, advised by Glenny's occupational team, has recently purchased Uplands Business Park in Walthamstow, East London, for £51 million. The 11-acre industrial estate, totalling 290,000 sq. ft., was sold by Workspace Group at a premium rate of 75% to the September 2016 valuation at a net yield of 4.2%. Peter Higgins, Divisional Partner at Glenny, said: This sale reflects Glenny's ability to advise on deals of significant asset value, further positioning us as a premier adviser in the property industry.