Argo Real Estate and Blue Coast Capital have jointly acquired an industrial estate in east London for approximately £34 million. The transaction marks the first investment in their new UK urban logistics platform, which targets a total portfolio of around £500 million.

The estate, a multi-let industrial and trading property, was acquired for its strategic location in a dense, economically strong city region and its potential for value enhancement through active asset management and refurbishment. The partners intend to implement their “brown-to-green” strategy, transforming older industrial assets into energy-efficient, modern, and ESG-compliant spaces. Planned upgrades may include fabric improvements, advanced mechanical and electrical systems, renewable or low-carbon energy solutions, EV charging infrastructure, and other environmental enhancements.

This east London acquisition follows previous investments in the Tuscam Trading Estate in Camberley and Harp Trading Estate in Trafford Park, demonstrating a repeatable model of acquiring well-located, largely let estates and adding value through sustainability-led initiatives. The deal reinforces Argo and Blue Coast’s commitment to building a UK-wide urban logistics platform that combines strong rental growth potential with environmental performance improvements.