The property was acquired by a private investor for £3.75 million which reflects a net initial yield of 7.75%.
The team at XPROP advised Aberdeen Asset Management on the forward funding of Cortonwood Shopping Park which has recently opened.
The team at XPROP advised BMO REP’s F&C UK Property Fund on the acquisition of Ringwood Road Retail Park, from Aberdeen Asset Management for £15.5 million, reflecting a net initial yield of 5.7
The team at XPROP advised LaSalle Investment Management on the sale of Plinston Retail Park in Letchworth to clients of Mayfair Capital.
The team at XPROP advised M&G on the sale of the B&Q in Acton for £40 million reflecting a NIY 4.76% to DTZ Investors.
The team at XPROP advised First Property Group, on behalf of Shipbuilding Industries Pension Scheme.