DURHAM (NEWCASTLE) DISTRIBUTION CENTRE INVESTMENT

COMMERCIAL PROPERTY INVESTMENT

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– Property: Distribution Centre let to Thorn Lighting until November 2025.

– About the tenant: Thorn manufactures and supplies dependable, efficient, high-quality lighting. Its extensive portfolio of indoor and outdoor lighting is developed to address the needs of wholesalers, contractors, specifiers and end users, for the widest range of applications. Thorn’s name is recognised throughout the world as standing for quality, reliability and ease of use. Supported by 90 years of expertise, Thorn is proud to be known as a trusted partner, providing customers with invaluable insight and support beyond the product. Thorn is also a Smart City specialist, helping municipalities improve safety and wellbeing through connectivity and intelligence. In indoor lighting, our innovative solutions create comfortable, efficient light for living and working.

– Location: Durham (Newcastle)

– NIY: 7.50%

– Purchase price: Undisclosed