DWS Group buys industrial site from Bridges and Wrenbridge

Bridges Fund Management and Wrenbridge have sold Click Aylesford, a 27,870 m² sustainable industrial site in Aylesford, Kent, to DWS Group.

Aylesford

All six units of the property were leased within six months of completion to companies such as Nutra Direct, Fixfast, RVT Group, and Headline Filters. Click Aylesford is known for its sustainability, featuring designs that result in zero operational emissions through solar PV, smart design, and air source heat pumps. The buildings have received BREEAM Excellent and EPC A+ ratings.
As of June 30, DWS is a European asset manager holding €1.1 tn of assets under management.
Jamie Garrett, a director at Wrenbridge, commented: “We are delighted to complete the sale to DWS. This marks the end of a great project, and it's really satisfying to see the scheme full with excellent end users. It also closes out another project with Bridges within our Click Joint Venture.”
Henry Pepper, a partner at Bridges, commented: “Industrial occupiers are increasingly on the lookout for highly sustainable Grade A industrial units that enable them to reduce their operating costs and improve their environmental impact. The letting success we have enjoyed at Click Aylesford demonstrates that we have delivered a best-in-class scheme that responds to this growing demand, and we’re delighted to see that reflected in this strong exit to one of the world’s leading asset managers.”
Acting on behalf of Wrenbridge and Bridges, Newmark facilitated the deal.