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%.
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%.
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 team at XPROP advised BMO Real Estate Partners on the purchase of the freehold investment of Victoria Road Retail Park in South Ruislip.
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.