Investors eye IQ Winnersh

Opportunistic funds and institutional investors are lining up to buy SEGRO's £225m IQ Winnersh business park in Berkshire.

The park, which is being sold by Jones Lang LaSalle, has attracted significant interest, reflecting a lack of stock of this size on the market.

MEPC, Harbert, Centurion, AEW, Apollo, Blackstone, Moorfield, Canmoor, and a Brockton and Landid jv have all run the rule over the park ahead of the deadline for final bids on Wednesday.

The £225m asking price reflects an 8% yield.

One agent said: "Frankly, in this market, with there being so few opportunities of this size, it would