RO Group Acquires Cherry Trees Court in Strategic Investment

The RO Group has acquired a freehold storage and distribution warehouse, Unit 1 Cherry Trees Court in Hemel Hempstead, for £1.82 million from Medway Council. This strategically located 7,684 sq. ft. warehouse sits on a 1.09-acre site with excellent access to transport networks via the M1 motorway, making it a prime asset for national distributor Bobbys Foods Limited, who has long-term tenancy. The warehouse's acquisition is aligned with RO Group's investment strategy that focuses on properties in key regional areas with substantial development potential. Hemel Hempstead's growing industrial rents, fueled by high demand and low supply, offer considerable promise for value appreciation. The acquisition forms part of RO Group's broader scheme to enhance a resilient, income-generating portfolio with long-term significance.