Ducalian Capital, through its latest vehicle AMSL (4), has acquired a 21,528 Sq. Ft. freehold site in Solihull, West Midlands. AMSL (4) has teamed up with Graftongate, the specialised industrial and logistics developer, and Ducalian Developments to construct a 45,000 Sq. Ft. storage facility on the site.
Once complete the facility will fall under the Titan Group portfolio and will provide storage services to domestic and business customers in Solihull and the surrounding catchment area. The business has been structured as an enterprise investment scheme (EIS) to provide investors with a range of tax advantages.
Ducalian Capital has a track record of acquiring and developing commercial property and is currently building a portfolio of real estate-backed operational businesses across the UK.
James McCulloch, Investment Director, comments:
"Solihull and the surrounding catchment area have the perfect demographics to support a successful storage business and I look forward to bringing this much needed service to the local community. Furthermore, the acquisition and development of the asset fits in well with Ducalian Capital’s focus on operationally-led real estate ventures and we look forward to carrying on the success of the Titan Group."