News
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
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%.
South Ruislip: Victoria Road Retail Park
The team at XPROP advised BMO Real Estate Partners on the purchase of the freehold investment of Victoria Road Retail Park in South Ruislip.
Frome: Wessex Fields Retail Park
The property was acquired by a private investor for £3.75 million which reflects a net initial yield of 7.75%.
Cortonwood: Cortonwood Shopping Park
The team at XPROP advised Aberdeen Asset Management on the forward funding of Cortonwood Shopping Park which has recently opened.
Bournemouth: Ringwood Road Retail Park
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
Letchworth: Plinston Retail Park
The team at XPROP advised LaSalle Investment Management on the sale of Plinston Retail Park in Letchworth to clients of Mayfair Capital.
Acton: West Five Centre
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.