Cain has successfully secured a £350 million refinancing facility from investment funds and accounts managed by KKR, reinforcing confidence in the strength of modern, energy-efficient logistics assets and Cain’s proven ability to lease and operate its portfolio.

The refinancing provides medium-term debt against Cain’s 3.2 million sq ft portfolio of prime UK industrial and logistics properties, comprising around two dozen high-quality units developed and managed to Grade A specifications with strong ESG credentials. The portfolio focuses on last-mile and logistics locations across key UK regions.

Over the past year, Cain has completed approximately 1 million sq ft of leasing across the portfolio, supporting the case for the new financing and demonstrating sustained demand for high-quality industrial space.

The portfolio includes strategically located assets in key logistics hubs, such as south-east London (Blueprint Erith) and regional parks including Sherburn42, catering to occupiers seeking modern, energy-efficient facilities. Rising enquiry levels for well-specified industrial and logistics space underline the sector’s resilient demand and strong long-term fundamentals.

This refinancing underscores continued lender confidence in Cain’s approach to acquiring, managing, and leasing modern logistics properties that meet the evolving needs of occupiers, while also supporting sustainability and operational efficiency across the portfolio.