Our Real Estate team has advised Indurent on the sale of the Marlin Portfolio to Space Industrial, a £100 million plus, multi-let industrial transaction within the UK’s urban logistics market.

The transaction forms part of Indurent’s ongoing strategy of asset rotation, enabling the business to actively manage its portfolio while positioning for future growth. The Marlin Portfolio comprises a collection of multi‑let industrial estates, reflecting sustained demand for flexible, high‑quality urban warehousing across core UK locations.

Led by Partner Khalil Ahmad, the Gowling WLG team including Duncan MacLaurin, Joe Powell and Tarfa Ahmad advised Indurent throughout the transaction, working closely with the client and its advisers to deliver a successful outcome aligned with its long‑term objectives.

Commenting on the transaction, Partner Khalil Ahmad commented: “We were pleased to complete on the sale of the Marlin Portfolio and to support Indurent as part of its wider strategy of asset rotation. Indurent remains committed to the multi‑let industrial sector, underpinned by strong conviction in the long‑term demand for flexible, high‑quality urban warehousing.”

Gowling WLG has one of the market’s leading Real Estate teams, advising investors, developers and occupiers across the full asset lifecycle.

Find out more about our Industrial and Logistics services.