As reported in Green Street News on 6 July 2026, Clipstone Investment Management Limited has completed the Project Akoya portfolio acquisition. The portfolio comprises five multi-let industrial estates in strong occupational markets across Greater London – Haringey, Woolwich, West Thurrock, Orpington and Watford. The properties were purchased by a joint venture between two of Clipstone’s funds – Clipstone Industrial REIT plc and Clipstone Charities Unit Trust.
In addition, the Clipstone JV referred to above has also completed the acquisition of a further six industrial estates across the South East for a combined purchase price of £64.5m. The properties were acquired via six separate transactions. The properties are all good quality industrial estates in strong occupational markets, being Luton, Witney, Crawley, Horsham, Fareham and Park Royal in West London.
Toby Dean, Clipstone’s Chief Executive, commented:
“Following the portfolio sale to Sixth Street in late 2025, our REIT has been re-deploying the proceeds of that sale via a joint venture with our newly formed Charities fund. We are delighted to have completed the acquisition of 11 industrial estates for a combined purchase price in excess of £140m. With 59% by floor space located within Greater London and the remaining properties in South East locations with an occupational supply and demand imbalance, the acquisitions reflect Clipstone’s tried and tested strategy of opportunistically acquiring good quality, reversionary industrial estates in strong occupational markets and implementing targeted asset management programmes to enhance value.”
ACRE acted for Clipstone on the Akoya acquisition and Knight Frank and CBRE acted for the seller. SBY, Knight Frank, Allsop, Cogent and Logix acted for Clipstone on the additional six industrial acquisitions. Russell-Cooke LLP acted for Clipstone on all 11 acquisitions.
ENQUIRIES
For further information, please contact:
Clipstone Investment Management Limited
Tel: +44 (20) 7043 0270
Toby Dean
About Clipstone
Clipstone Investment Management Limited is a real estate fund management firm specialising in UK industrial property. Formed in 2008, Clipstone manages a number of funds and segregated accounts, including for private equity investors, Charities, Endowment Funds and private capital. Clipstone is one of the top performing real estate managers in the UK, with Clipstone Industrial REIT plc ranked fourth (out of 164 portfolios) in the MSCI UK Quarterly Property Index (as at 30 September 2025). Across its various mandates Clipstone has approximately £900m of long-term capital under management. Further details are available at: www.clipstone.co.uk.
