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Industrial portfolio up for sale

A portfolio of industrial properties in the south east of the UK has been put up for sale. The seller, Columbus Capital Management, has placed an asking price of £220.5 million on the investment vehicle, which is currently registered in Jersey. Columbus is a division of Schroders, the fund manager, who set it up in 2011 after buying a portfolio of nine assets from Alycidon Investments. Schroders plc is a global asset management company with £271.5 billion under management as of June this year.