Decimus Park, Royal Tunbridge Wells

A project undertaken in joint venture with Terrace Hill Group Plc on a site of 4.04 ha (10 acres) located in the Longfield Road industrial area of Tunbridge Wells close to the A21. The land was acquired from three landowners in 2004 for a speculative development of 16,583 m2 (178,500 sq.ft) of B1,B2 & B8 industrial units ranging in size from 163 to 1,904 m2 (1,750 to 20,500 sq ft.).

A majority of this successful scheme was sold on a freehold basis to the local occupiers prior to practical completion of construction in2005.

The leased units were sold on as investments to institutions at yields of 5.65%.