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Completed

Triovest Realty Advisors completed the acquisition of Iron Street logistics centre from Mantella for $125m.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Single Bidder

Majority

Friendly

Canada

logistics storage

storage complex

Completed

Storage Terminals

logistics centre

Infrastructure

Private

Domestic

Synopsis

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Triovest Realty Advisors, an operator of real estate advisory and capital firm, completed the acquisition of Iron Street logistics centre, a logistics storage center from, Mantella, a commercial real estate company, for $125m. The largest of the two buildings is 339k square feet, features clear ceiling heights of 22 to 23 feet and has 46 shipping doors. The second building is 183k square feet with 22-foot clear ceilings.

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