News
Poulton-le-Fylde: Booths
XPROP advised Lancashire County Pension Fund (c/o Knight Frank Investment Management) on the acquisition of the Booths supermarket in Poulton-le-Fylde for £10.625 million.
Croydon: Waddon Retail Park
XPROP advised CBRE Investment Management on the sale of Waddon Retail Park, Croydon for £13M, reflecting a Net Initial Yield of 4.22%.
XPROP have extended their sponsorship of the Posh Women back of shirts for another two years.
XPROP have enjoyed our association with the women’s team to date and as a company we appreciate the importance of encouraging and supporting the engagement of women in sport.
Weymouth: New Bond Street Shopping Centre
XPROP advised a prop-co client on the investment purchase of New Bond Street Shopping Centre, Weymouth for circa £16 million, reflecting a NIY of 8.9%.
Mansfield: Tesco
XPROP are delighted to have advised CBRE Investment Management on the sale of a Tesco foodstore in Mansfield well ahead of the asking price.
York: Clifton Moor Phase 3
XPROP advised Melford Capital on the purchase of Clifton Moor Retail Park (Phase 3) in York from clients of CBRE Investment Management.
Blackpool: B&M and Pets at Home
XPROP advised First Property Group Plc on the sale of the B&M and Pets at Home in Blackpool for just over £6 million.
Stockton-on-Tees and Deeside
XPROP advised Elstar Ltd on the off-market sale of two retail park assets in Stockton-on-Tees and Deeside for the combined total of £30.2 million, reflecting a blended NIY of 5.94%.