Business is booming, says Heathrow landlord

Aberdeen Standard Investments’ AIPUT fund says it has bucked the Covid effect and has achieved full occupancy across its London area airport industrial real estate portfolio following the completion of several key lease agreements at Heathrow.   AIPUT is one of the largest private landlords at Heathrow, with a portfolio of some 2.1m sq ft and has been responsible for almost 30% of new letting deals so far in 2020, amounting to ... [+]

Kuehne+Nagel extends Heathrow lease

Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has secured a lease extension to 2030 with forwarder Kuehne+Nagel for its Heathrow South Cargo Centre. GlaxoSmithKline is the leading customer of the facility, and represents a significant share of the UK’s pharmaceutical imports and exports. Kuehne+Nagel also operates AIPUT’s Perishables Handling ... [+]

Brisk business for Heathrow property agent

Aberdeen Standard Investment’s Airport Industrial Property Unit Trust (AIPUT) fund has secured several new leasehold customers totalling 45,000sq ft at its Blackthorne Point site at Colnbrook near Heathrow. Unit 12, 15 and 16 (totalling 3,019sq ft) have been let to Micronutrients, London E Cargo and City2City Couriers, each within a ... [+]

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