DTZ Investors snaps up Coventry Logistics Park for £140m

BlackRock, the investment management company, has begun the process of selling British Airways' headquarters in West Midlands for £1 billion. The multi-let asset spans 785,000 sq ft. In other news, DTZ Investors has acquired Coventry Logistics Park for £140 million, and Signa has sold the Berlin property, home to Instituto Cervantes, for €47 million.

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Frequently Asked Questions

Q: Who acquired Coventry Logistics Park for £140 million?

A: DTZ Investors acquired Coventry Logistics Park for £140 million. [Source]

Q: What companies are located in Coventry Logistics Park?

A: Coventry Logistics Park is home to DHL, Geodis, and Viad. [Source]

Q: What is the net initial yield of the acquisition?

A: The net initial yield of the acquisition is 3.21%. [Source]

Q: Who were the sellers of Coventry Logistics Park?

A: The sellers of Coventry Logistics Park were Bericote and JP Morgan. [Source]

Q: When was the acquisition of Coventry Logistics Park completed?

A: The acquisition of Coventry Logistics Park was completed 18 hours ago from the time of the first article. [Source]