Urban&Civic has acquired the former Alconbury Airfield in Cambridgeshire, UK for £27.5 mln (EUR 30.8 mln). The property was commissioned as an American airbase during the Second World War and was declared surplus to requirements by the Ministry of Defence in March 1995. The existing estate comprises over 100 buildings, ranging across industrial and aircraft hangars, warehousing, office and fuel stores. Current gross income totals approximately £2.3 mln, which Urban&Civic will look to increase.
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