UK·Acquisition·Industrial
LondonMetric Acquires £74M M&S Pre-let Logistics Warehouse in Avonmouth Bristol
Value
£74M
Location
Bristol, South Gloucestershire, South West England
Date
2026-03-25
Companies
LondonMetric Property, Marks and Spencer, Epta Development, Stoford Developments
The transaction strengthens LondonMetric's position as a leading UK long-income logistics REIT and adds a strategically located facility in the South West, a distribution corridor serving the M4 and M5 catchment areas. A 20-year lease to M&S provides a long, indexed income stream consistent with LondonMetric's core investment strategy. The BREEAM Excellent rating and modern specification address occupier ESG requirements and reduce obsolescence risk. Stoford Developments and Epta Development delivered the asset as a forward-funded development.
logisticsindustrialbristolavonmouthlong-incomepre-letbreeammarks-and-spencer
Source
CoStar