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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Mormon Church buys Wembley Amazon warehouse for £74 million via charitable company

Church Amazon Mormon Church Mormon United States The Church of Jesus Christ Wembley Church of Jesus Christ of Latterday Saints Standard the Mormon Church

The Mormon Church’s investment arm has bought a 186,455 sq ft Amazon warehouse in Wembley for £74 million.

The property, bought from UK Commercial Property REIT (UKCM), will become part of the Church of Jesus Christ and the Latter Day Saints’ investment portfolio, which was valued at $44.8 billion at the end of 2022.

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