Palmer and Wrenbridge to sell Unilever’s Colworth base for £66m

Palmer Capital and Wrenbridge have put up for sale Unilever’s global research and development campus in Colworth for £66m after the consumer goods company reasserted its commitment to the UK last month.

CBRE has been appointed to market the 319,789 sq ft asset for a price that reflects a 5.62% yield. Palmer and Wrenbridge are hoping to capitalise on growing interest in investing the UK Growth Corridor between Oxford and Cambridge, which could see an east-west rail link built between the two university cities.

The 90-acre park is home to 12 office, research and development buildings, the