New data reveals that Cheshire is now the UK’s leader in industrial investment volumes.
The research by CoStar, a global leader in commercial real estate analysis, focused on 53 markets and found that investment volumes in the North West are up to £286 million in 2024, more than double that of any other regional market.
This success is largely thanks to three lucrative £50 million-plus deals in northern Cheshire, an area that, geographically, has positioned itself as an attractive draw for industrial investment, as it is adjacent to the M56, M62 and M6 intersection between Widnes and Warrington.
Key to the deals was a joint venture between Kohlberg Kravis Roberts (KKR) and Mirastar, two US global investment firms who focus on real estate investment opportunities in Western Europe.
In March, they acquired Mountpark Warrington Omega II for £110 million. This 737,000 sq. ft BREEAM Excellent rated distribution property in Warrington specialises in high-end logistics accommodation and counts Gousto and Amazon amongst its occupiers.
In January, the joint venture also funded the £65.4m development of Marshall CDP’s enormous X-Dock545 warehouse in Widnes.
KKR and Mirastar were also involved in the earlier development of three distribution warehouses at Gorsey Point, a logistics park in Widnes, which were then sold to Clarion Partners in 2023 for a price estimated at around £90 million.
Business owners operating in the local area may look to independent financial advisors for financial advice in Cheshire, Oswestry and other affluent areas.
