Multi-Let Industrial
Multi-tenant estates with diverse occupier bases and active management upside.
Investment Strategy
Discipline at acquisition. Active management through hold.
Our investment approach is built on through-the-cycle discipline and active, leasing-led asset management across Industrial & Logistics assets serving the essential goods occupiers that underpin the economy.
Industrial & Logistics is critical infrastructure for the modern economy. Its occupiers - supply chain operators, logistics networks, and manufacturers - are essential to how the economy operates. The sector offers depth, scale and a maturing market for active asset management supported by constrained new supply, persistent occupier demand for well-located stock and a durable income profile.
Investment Criteria
The filter for every acquisition.
- Tenants predominantly storing essential goods
- Strong tenant covenants
- Avoidance of cyclically exposed occupiers such as fashion retail
- Major UK cities and established logistics locations
- Institutional-grade asset specifications
- Material discount to replacement cost
- Attractive running yield with reversionary and asset management upside
- Ensuring new facilities are developed with a real focus on building location, specification & operational efficiency
Sub-Sectors
Woodstock invests across the Industrial & Logistics spectrum, drawing on the team's deep experience across all major sub-sectors.
Big Box
Large single-let warehouses serving national distribution and logistics occupiers.
Urban Logistics
Last-mile serving urban populations, supported by locational scarcity.
Industrial Open Storage
Open-yard sites supporting vehicle parking, container storage and bulk materials handling.
Active Management
Hands-on, leasing-led.
Active asset management is where we create value. We surface reversion through lease events - and deploy considered capex through targeted refurbishment and efficiency improvements.
ESG and sustainability are integrated from underwriting onward, building on approaches refined across the team's Urban Logistics REIT years.
Active occupier engagement runs continuously across the hold period. Disciplined asset management is how durable, risk-adjusted returns are built in Industrial & Logistics.
