News

Bristol: Druid Care Home

Bristol: Druid Care Home

The team at XPROP advised LXi REIT on the acquisition of a Bupa care home in Bristol let for an unexpired term of 23.5 years.

St Albans: Wickes

St Albans: Wickes

The team at XPROP advised Columbia Threadneedle on the acquisition from Milton (BVI) Limited. Wickes occupy the property on a reversionary lease with 10.5 years term certain off a rent of £15.47 psf.

Ashford: Warren Retail Park

Ashford: Warren Retail Park

The team at XPROP advised Salmon Harvester Properties on the disposal to Knight Frank IM for £11.925 million, which reflects a net initial yield of 6.1%.

Farnborough: Horizon Retail Park

Farnborough: Horizon Retail Park

The team at XPROP advised Royal London Asset Management on the forward purchase from Steamrock Capital for £38.78 million, reflecting a NIY of 5.25%.

Swindon: Wickes

Swindon: Wickes

The team at XPROP advised IM Properties on the acquisition of the Wickes Extra in Swindon for £14.918 million, which reflects a net initial yield of 5.65%.

Cheltenham: Kingsditch Retail Park

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%.