Two of the three units are vacant and will be refurbished. Credit: via Citypress
Neil Tague
The investment vehicle headed by David Lathwood has made its maiden acquisition in the sector, purchasing 250,000 sq ft at Winsford Industrial Estate from Henkel UK Operations.
Manchester-based Pitalia Real Estate has purchased Units 1-3 on Road Five of the 380-acre estate.
Pitalia will partner with development manager Harlex Property to refurbish and reposition Units 1 and 2, which are currently vacant.
Unit 3 will be leased back to Henkel on a five-year term that will see them retain workforce on the plot.
The estate, currently undergoing an overhaul, is home to occupiers such as Tiger Trailers, H&M, Coveris, Schoeller Allibert, Jiffy, Howard…
