Fiera Real Estate (“Fiera”) and Harleyford Capital announced that they have secured a £25.5 million debt facility from QuadReal Property Group (QuadReal), a global real estate investment, development and operating company, to fund the development of 180,000 square feet of institutional Grade A logistics space at Watford Works, London.
Watford Works is located within a 5-mile radius of the M25, M1 and A41, providing access to Heathrow Airport and Central London. With a market leading specification comprising of level loading doors and 2MVA power across the scheme, the site also offers flexibility for future occupiers with 13-units ranging from 7,500 square feet – 50,000 square feet.
Source: press release sent 27th of October