Stenprop says it is benefiting from Brexit uncertainty
The industrial parks owner says it has seen less competition as a result of the UK’s political instability, while rents are rising at its multi-let assets
25 October 2019 - 08:41
Industrial-focused property fund Stenprop said on Friday it was benefiting from the UK’s political instability, with rents at its multi-let assets rising even as market competition lessens.
The company, which is seeking to become a specialist UK-focused group that provides work spaces for small and medium- sized businesses, said demand for these types of assets remained strong, even as the UK political woes resulted in less competition from rivals...
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