Delin Capital Asset Management, (‘DCAM’ or the ‘Company’), a Jersey registered real estate investment advisor and asset manager focused on investments in logistics assets in the UK, the Netherlands and Belgium, announces the letting of its 212,000 sq ft distribution centre at Swift Valley Park in Rugby to The Range on a 10 year lease.

The vacant building was acquired by DCAM as part of a portfolio acquisition and was refurbished prior to completing the letting.

The Range is one of the UK’s fastest growing homeware retailers, operating from retail parks and online, and will use the unit as a new distribution centre to satisfy its online orders. Swift Valley Park is strategically located within the UK’s logistics ‘Golden Triangle’ formed by the M1, M6 and M69 motorways.

Commenting, Christian Jamison of DCAM said:

“This transaction demonstrates the strong occupational dynamics for good quality distribution space driven by the continued growth in on-line retail sales.”

NRS and DTRE acted on behalf of DCAM.