Aureon Partners and Caisson iO seed UK multilet industrial platform with £36m acquisitions

Aureon Partners and Caisson iO have launched a focused UK multilet industrial vehicle seeded with two acquisitions totalling £36 million. The strategy targets value-add regional industrial estates with reversionary income potential - a segment with persistent demand from SME tenants and favourable supply/demand dynamics outside of the prime big-box market. The £300 million GAV target implies significant future deployment activity across regional UK industrial markets. Aureon Partners (specialist real estate fund manager); Caisson iO (real estate investment platform); Legal & General (global asset manager; seller of Weston Industrial Estate); unknown seller of Metro Park, Leeds. Initial seed acquisitions funded through fund equity; target £300 million GAV likely to involve property-level debt as the platform scales.