Major Asset Disposals
Mercia Real Estate’s disposals were led by the sale of a £55 million portfolio comprising single-let warehouses and multi-let industrial properties to Blackstone. In addition, the company completed £45 million of independent transactions, including the sale of warehouses in Telford and Rugeley, both acquired by owner occupiers. These transactions underline Mercia’s commitment to capitalising on market opportunities and enhancing portfolio performance.
Corporate Restructuring and Financing Milestones
At the end of the year, Mercia Real Estate undertook a significant shareholding restructure. This initiative was accompanied by a £63 million debt refinancing led by Leumi Bank, with support from Martley Capital, strengthening the company’s financial position and enabling future growth.
CEO Statement
Samuel Clark, CEO of Mercia Real Estate, commented, “2025 was an interesting year, with a clear lack of capital being directed towards core and core-plus markets. Our previous acquisitions allowed us to offer assets with attractive yield prospects at realistic prices. The resulting disposals have generated substantial capital, which will be redeployed into ongoing developments and new acquisitions.”
Development Pipeline
Mercia Real Estate maintains an industrial and residential development pipeline exceeding £300 million. This includes the 400-bed Haus student development on Calthorpe Road and a residential-led scheme at the former Chamber of Commerce, both in Calthorpe Village. The industrial development pipeline comprises over 1.2 million square feet, featuring the Telford Defence and Logistics Park—anchored by defence contractors Rheinmetall GmbH and Rheinmetall BAE Systems Land—and a 150,000-square-foot mid-box scheme at Peartree Lane, Dudley.
