KitchenCraft warehouse, The Hub, Birmingham.

Off market disposal of a modern, core logistics asset in the heart of Birmingham.

Having advised on the original forward funding in 2018, BSB advised long standing clients NFU Mutual on the disposal of this prime logistics unit on the Hub industrial park, considered the premier industrial location in Birmingham City Centre. The unit is let for a further 11 years, 11 months to KitchCraft, part of the Life Style Brands business and sold to Valor Real Estate Partners LLP for a NIY of 2.87%, a record breaking yield for the cycle.

Disposal on behalf of NFU Mutual Society.