7 September 2016

British Airways Pension Fund buy in West Midlands

Forsters has advised British Airways Pension Fund (BAPF) on the purchase of Willenhall Industrial Estate in the West Midlands from CBRE Global Investors. The estate, situated close to Junction 10 of the M6 in the West Midlands, was acquired by BAPF for a purchase price of £18.7 million.

The estate offers approximately 400,000 sq ft of space, and is currently let to multiple tenants, including food retail, wholesale and distribution company, A.F. Blakemore & Son Ltd.

Commercial Real Estate partner Eugene McMahon advised BAPF on the acquisition, assisted by Katherine Ekers.

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