Industrials REIT is the UK's leading specialist of multi-let industrial (MLI) estates.
Industrials REIT is the UK's leading specialist of multi-let industrial (MLI) estates. Here's how our story has developed over the past decades.
established by Paul Arenson, reaches £100m of properties under management.
with over 2,000 private client investors.
Patsy Watson joins as Finance Director.
with seven buildings added to the funds under management over the period.
acquires c.£600m of additional assets from funds managed by Stenham Property, together with the Stenham Property management business. GoGlobal becomes Stenprop Limited, with Paul becoming CEO and Patsy CFO.
then 25 MLI estates, along with the C2 Capital management team founded by Julian Carey.
in May, it converts to a UK REIT and in June, it lists on the specialist fund segment of the London Stock Exchange.
UK MLI acquisitions:
Total: £103.6m
Nine transactions
30 MLI estates
1,683,966 sq ft of MLI space
Non-MLI disposals
Total: £249.3m
UK MLI acquisitions:
Total: £38.8m
11 transactions
10 MLI estates
504,137 sq ft of MLI space
Non-MLI disposals:
Total: £144.3m
UK MLI acquisitions:
Total: £91.5m
14 transactions
13 MLI estates
1,089,037 sq ft of MLI space
Non-MLI disposals
Total: £79.5m
Industrials REIT is acquired by funds managed by Blackstone in a deal which completed on 20 June 2023 for a total enterprise value of over £700 million
Paul Arenson steps away as CEO, remaining as a strategic adviser to the business, with Julian Carey promoted to Chief Executive Officer of Industrials REIT.
Sign up to receive the latest information direct to your inbox