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Aberdeen buys Harrow warehouse complex

Aberdeen Asset Management has bought Bakkavor Foods, a pizza factory industrial complex in Harrow, for £14.7m, reflecting a net initial yield of 6.23%.
CoStar News
April 8, 2013 | 5:50 P.M.

The property comprises a ‘pizza factory’ arranged as six standalone industrial buildings totalling 101,985 sq ft, let to Bakkavor Foods with an unexpired term of 37.6 years and minimum fixed uplifts of circa 1.75% pa. The acquisition was on behalf of a local authority pension fund.

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