Hermes Parcelnet, Bermuda Park, Nuneaton, Coventry.

BSB advised clients of Aviva Investors on the acquisition of a prime 75,000 sq ft parcel hub in a best in class Midlands logistics location, approx. 3 miles from J2 of the M6 Motorway.

Hermes Parcelnet undertook a 15 year leaseback without breaks incorporating inflation linked RPI rent reviews. The acquisition provides our clients with a solid income stream with strong future redevelopment fundamentals.

Acquisition on behalf of Aviva Investors.