UK-based real estate operating partner and investment manager ARGO Real Estate has acquired a portfolio of two urban industrial assets in Leatherhead and Dartford for £27.3m alongside Anchor Capital, a specialist wealth and asset manager.
ARGO will also look to add value to the site through its brown to green refurbishment strategy, repositioning the properties and targeting an EPC A rating.
ARGO Real Estate head of asset management Mark Kelly said: “We are delighted to be partnering with Anchor Capital on these two acquisitions which complement our existing South East focused portfolio.
“These two assets fit our strategy to buy well located properties with strong underlying fundamentals and offer both significant reversion and potential to reposition and upgrade environmental performance through refurbishment.
“We look forward to delivering on the asset management strategy and driving both income and capital value.”
