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Job losses as warehousing and logistics firm Carlton Forest calls in administrators
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Redundancies made as Nottinghamshire logistics and warehousing firm goes into administration
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19 February 2021 | 08:15am
StockMarketWire.com - Warehouse investor Urban Logistics said it has acquired six sites for £27.8 million.
The acquisitions include four properties from Kinaxia Logistics for £17.3 million in Macclesfield, Telford, Royal Wootton Bassett and Yate.
The company also purchased a 125,000 square foot property for £3.8 million in Rotherham, which is let to Green Forest Solutions until 2025. It also paid £6.7 million for a property in Leigh.
Chief executive Richard Moffitt said: ‘We are delighted with these new logistics assets which are perfectly positioned to deliver essential goods the last mile to customers and businesses in key conurbations. ‘In line with our strategic focus, all of these assets are single-let properties servicing high quality logistics tenants.’