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M&G buys £145m last mile jewel from Janus Henderson retail fund

RD Park Hoddesdon is a 700,000 sq ft distribution hub on a key M25 site
CoStar News
February 28, 2019 | 3:33 P.M.

M&G Real Estate is set to buy RD Park, Hoddesdon, a 700,000 sq ft distribution hub close to Broxbourne in Hertfordshire leased to Iron Mountain and Great Bear, from the Janus Henderson UK Property retail fund for around £145m or a 4.1% yield, CoStar News can reveal.

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