IAPF

Argo Property Fund

Argo Property Fund

Investec Property Fund has a 33% shareholding in the Argo Property Fund, with a total investment value of GBP36.7 million.

Argo Property Fund is an unlisted real estate company that owns a high-quality portfolio of 10 properties located within the UK with gross asset value of £234m. The fund’s mandate is to invest in income-generating industrial, office and retail properties located in the UK where there is added potential for income and/or capital growth through active asset management. Argo Property Fund is managed by Argo Management Limited which is based in London.

Underpinned by sound property fundamentals and a quality tenant base, including several long-dated Sainsbury’s stores, the Argo Property Fund’s property portfolio has a WALE of 11.4 years and vacancy of 9.6% (including some development vacancy). In addition to the core income properties, the portfolio includes core-plus properties in the industrial sector.

Argo Property Fund

Industrial

harlow

Harlow

Modern industrial/warehouse units.    
 
Address: Cartel Business Centre, Edinburgh Way, Harlow, Essex CM20 2TT
GIA: 89,000 sq ft
Acquisition Date: 2016
 

sunbury

Sunbury Cross

High specification premises incorporating production, warehouse and offices.

Address: International Business Centre, Brooklands Close, Sunbury Cross TW16 7DX
GIA: 62,000 sq ft
Acquisition Date: 2016

hayes

Hayes

Industrial/warehouse units with secure yards.

Address: Silverdale Road Industrial Estate,  Hayes UB3 3BL
GIA: 101,000 sq ft
Acquisition Date: 2016
 

edmonton

Edmonton

The property comprises a terrace of industrial units undergoing comprehensive refurbishment and reconfiguration to create units of 5,000 sq ft upwards.

Address: Edmonton Industrial Park30 Nobel Road, Edmonton N18 3BA
GIA: 159,000 sq ft
Acquisition Date: 2018

hemel

Hemel Hempstead

Modern industrial/warehouse units located within the Maryland’s business area, Hemel Hempstead’s principle business district.

Address:  Maxted Court, Maylands Avenue, Hemel Hempstead HP2 7BL
GIA: 120,000 sq ft
Acquisition Date: 2016

Argo Property Fund

Retail

great yarmouth

Great Yarmouth

16 retail warehousing units. 2,000-16,000 sq ft, newly refurbished open A1 units (including food use) Great Yarmouth's dominant shopping destination.

Address: Gapton Hall Retail Park, Gapton Hall Road, Great Yarmouth NR31 0LZ
GIA: 129,000 sq ft
Acquisition Date: 2016

swansea

Swansea

Purpose built supermarket with petrol filling station.

Address: Sainsbury's, Quay Parade, Swansea, SA1 8JA
GIA: 68,000 sq ft
Acquisition Date: 2017
 

nottingham

York

Purpose built supermarket and 34,000 sq ft retail warehouse with multi-storey car park.
 
Address: Sainsbury's, Foss Island, York YO31 7JB
GIA: 88,000 sq ft
Acquisition Date: 2017

kimberley

Kimberley

Purpose built supermarket with petrol filling station.

Address: Sainsbury's, Greens Lane, Kimberley, Nottingham NG16 2LY
GIA: 69,000 sq ft
Acquisition Date: 2017

maidstone

Maidstone

Purpose built supermarket, and petrol filling station with neighbourhood retail parade.

Address: Tesco, Grove Green District Centre, Grovewood Drive, Weavering, Maidstone ME14 5TQ
GIA: 61,000 sq ft
Acquisition Date: 2017

Argo Management Limited is a company incorporated in England (registered number 10214612) whose registered office is at 8-12 York Gate, London NW1 4QG.