Altus Group, a leading real estate advisor, has been appointed by Aviva Investors as overarching agent on four established South London industrial estates totalling approx. 1,000,000 square feet.
The four estates covered by the appointment are Barwell Business Park and Gateway 3 at Davis Road Industrial Estate, both in Chessington, plus Nelson Trade Park and Merton Industrial Park, both in Merton. The mix of warehouse, distribution, industrial and trade counter space is well located for large areas of South and South West London via the A3 and M25. A total of 95 units across the four parks meet a range of requirements within a sought-after geographical market.
With one of the largest industrial property portfolios in the UK, including rapidly growing holdings in West and South West London, Aviva Investors is seeking to raise the profile of its brand as a landlord of choice in the industrial sector and offer flexibility to its occupiers through its range of holdings.
The Altus Group team of Robert Bradley-Smith, John Pocock and Nathalie George will be working jointly with local advisors from Bridger Bell on the Chessington estates and from Centro on the Merton estates.
Altus Group Senior Director Robert Bradley-Smith commented “We are delighted to have been appointed by Aviva to provide a unified and comprehensive marketing strategy across a prestigious portfolio.”
“We are seeing extremely strong demand in the warehouse and industrial sector, driven by a number of factors including the strength of the online retail sector, lack of available stock, lack of new speculative development and ongoing demand for quality units. Locations like these with access to a large and affluent population across South and South West London take the full benefit of that demand.”
Colin Lawrence-Waterhouse of Aviva Investors commented, “I’m pleased to welcome Altus onto our South West London letting team. Their appointment working with Bridger Bell and Centro, gives us great visibility to regional and local market intelligence, helping us to drive performance across our prime industrial, logistics and trade park assets.”
“Our letting team also share the Aviva Investors customer focused ethos, ensuring that the we offer a high quality service and simplified letting process to our customers, to enable them to lease industrial space from us as easily and quickly as possible.”