Trafford Park (Manchester, UK)

KPI purchased this 10.1 hectare industrial estate in the northern part of Manchester in 2001. The property comprises several state-of-the-art high-bay warehouses incorporating the distribution operations of leading international brands such as L’Oréal, Kellogg’s, Fusion, and Associated British Foods.

One 33,500 m2 building on a 6.4 hectare plot incorporates warehousing and 1,900 m2 of office space currently under construction. The building was recently sold to the National Farmers’ Union Mutual Insurance Society, having earlier been pre-let to Adidas for a term of 15 years. Plans are currently being finalized for KPI’s redevelopment of other areas of the estate that will involve constructing further light industrial units (8,500 m2) and offices (6,650 m2).

Key Property Investments (KPI) is the UK-based joint venture company owned equally by Salhia and St Modwen Properties PLC.