Picture of a Logistics Facility let to AAH Pharmaceuticals.
Entreprise House in Talke has been acquired and will undergo a refurbishment programme.

Logistics facility set for major upgrade after sale

1 min read

A logistics facility currently occupied by a healthcare products supplier is set to undergo refurbishment after being acquired.

ESR Europe has announced the acquisition of Enterprise House in Talke and will manage the asset on behalf of funds managed by Carlyle Europe Realty, the pan-European real estate strategy of global investment firm Carlyle.

The 221,000 sq ft facility is currently let to AAH Pharmaceuticals, a leading distributor of pharmaceutical and healthcare products to pharmacies, hospitals and dispensing doctors.

It will now undergo an active refurbishment programme, including EPC upgrades, installation of EV charging points, and improved loading infrastructure.

Gordon Kellie, Head of UK Real Estate in Carlyle’s Europe Realty advisory team, said: “This acquisition highlights our ability to identify and actively manage high-quality logistics assets in core UK locations.

“We see clear opportunities to enhance Enterprise House through targeted investment and hands-on asset management while continuing to build scale and momentum across our UK logistics portfolio, with the support of ESR Europe.”

Hayley Johnson

Senior journalist with over 15 years’ experience writing for customers and audiences all over the world. Previous work has included everything from breaking news for national newspapers to complex business stories, in-depth human-interest features and celebrity interviews - and most things in between.

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