IO Acquires The Hollands Centre, Haverhill

IO has completed the purchase of The Holland Centre, Haverhill for £3.015m in its latest acquisition for its £120m UK Industrial joint venture.

The acquisition of The Hollands Centre, which totals 51,710 sq ft across 6 units, represents a net initial yield of c.7.50% and a reversionary yield of c.9%.

IO Investment 2 is a joint venture between IO, Grosvenor, the privately-owned international property group, and Quilvest, an independent wealth manager and private equity investor.