Vengrove Acquires Prime Birmingham Industrial Asset

Vengrove has completed the acquisition of Erdington Industrial Park, Birmingham from Federated Hermes for £27.2m.

The asset comprises 215,000 sq ft of multi-let industrial across 13 units, as well as 6.1 acres of development land. With regards to the latter, Vengrove expects to be on site shortly, delivering highly specified mid-box units of 42,000 sq ft and 57,750 sq ft with best in class ESG credentials.