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IO acquires Hovefields Industrial Estate, Basildon

Following the acquisition of Hovefields Industrial Estate, Basildon in September 2012, IOAM has successfully completed lettings of 5 of the 6 vacant units by the end of October 2012 taking the occupancy rate to 90% by area. The estate wide planned refurbishment programme is on course to commence in March 2013 in order to elevate the estate within the competing Basildon market.

Below is a render of the proposed refurbishment works to Hovefields Industrial Estate.