Aviva Investors has strategically expanded its portfolio by acquiring the Triple Two Centre, a prominent distribution hub nestled in Beckenham, south-east London. This acquisition, encompassing over 112,000 square feet of logistic space divided across 10 units, is sited on a sprawling 4.5-acre estate, with an additional undeveloped 0.2-acre plot gracing the entrance.

This move by Aviva Investors is lauded as an ‘opportunistic’ purchase, driven by the hub’s favourable location with seamless access to multiple motorway routes, making it a logistically appealing point for operations. James Stevens, the head of real estate investments at Aviva Investors, expressed satisfaction over this acquisition, noting its alignment with the firm’s strategic goals.

Stevens highlighted the value this addition brings to their portfolio, emphasizing the firm’s ongoing strategy to capitalize on prime industrial assets located in thriving micro-locations with high occupier demand. The acquisition is seen as a step forward in leveraging Aviva Investor’s position as a strategic buyer in the market, aimed at yielding a favourable long-term investment outcome for its investors.

The Triple Two Centre stands as a testament to Aviva Investors’ commitment to harnessing lucrative opportunities in the market, thereby enhancing the value and diversity of its growing real estate portfolio.