Basingstoke: DTZ Investors acquires Hatch Industrial Estate

DTZ Investors has bought Hatch Industrial Estate in Basingstoke from an undisclosed buyer for £13.4 million. The multi-let industrial estate was constructed in 2007 and totals 96,989 sq ft.

DTZ Investors said the property offers ‘strong rental growth prospects’.

Tom Royston, associate director at DTZ Investors, said: “DTZ Investors are delighted to acquire this property, which fits with the funds strategy of acquiring well-located assets with diverse income profiles and into locations that will support long term sustainable income offering growth potential.”

Knight Frank acted on behalf of DTZ Investors.

Source: CoStar