Brixton reported close to asset sale

Brixton, who need cash to avoid breaching loan covenants, are reported to be close to selling around £250m of property assets.

Property Week reports AEW Europe may buy four Brixton properties – Greenford Park, Great Western Industrial Park, Heathrow Gateway and Polar Park. They estimate the value of the sale to be around the £250m mark, but there is no confirmation of either the sale or the valuation from Brixton themselves. 

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