At Trafford Park in Manchester, Brixton has agreed to buy out Burford Beta Holdings' 100% interest in a limited partnership that owns 127 acres of industrial land, housing 2.7 million sf in 198 units, for £101.1 million ($182 million). The total income is approximately £6.5 million ($12 million) per annum, and the equivalent yield is 7.9%.

And in London, Brixton has acquired the 50% interest it did not own in the Premier Greenford Limited Partnership from Pearl Assurance for £76.4 million ($140 million). The partnership owned 900,000 sf of existing space in West London where the vacancy rate is only 3.7%. The total income of £7.3 million per annum should rise to £7.7 million on settlement of three outstanding rent reviews. In addition there is development land that could accommodate another 800,000 sf of floorspace.

In the third deal Brixton has agreed to restructure the Equiton fund with its partners, Equitable Life and the Prudential which each presently own 45.6%. Brixton is selling 10 smaller industrial estates, totalling one million sf, into the fund for £119.1 million ($214 million). As a result of the restructuring the Prudential will inject another £25 million ($45 million) into the fund, taking its stake in the enlarged vehicle to 44%. Equitable Life's level of investment will remain the same reducing its stake to 26%. And Brixton will increase its share of the fund to 30% from 8.8%.