TT Group acquired Freehold of an industrial estate in Folkestone from Workspace Group Plc (LSE:WKP) on December 21, 2023. In the similar transaction TT Group acquired industry unit in Kegworth for combined deal value of £9.5 million. The site is situated on the Three Acre Industrial Estate on Park Farm Road, with the town centre approximately 1.2 miles to the south. Totalling 44,341 sq ft of industrial space, the nine-unit estate, let to eight tenants, generates a rent of £367,708 Tenants, which include Howdens, Plumbase, Edmundson Electrical and Eurocell. TT Group was advised by Ereira Mendoza and CBRE advised Workspace Group.

TT Group completed the acquisition of Freehold of an industrial estate in Folkestone from Workspace Group Plc (LSE:WKP) on December 21, 2023.