Cheltenham: Kingsditch Retail Park
The team at XPROP advised M&G Real Estate on the disposal of Kingsditch Retail Park in Cheltenham to DTZ Investors for £42.4 million, which reflects a net initial yield of approximately 5.6%.
The retail park extends to approximately 103,675 sq ft and is let to B&M, M&S, Argos, Halfords, Furniture Village, Harveys, ScS and McDonalds.