News
Falmouth, Penryn: B&Q
The team at XPROP advised BMO Real Estate Partners on the disposal of the B&Q at Kernick Road in Penryn near Falmouth. The property is let for a further 10.5 years at a rent of £12.91 per sq ft.
Ipswich: B&M
The team at XPROP advised BMO Real Estate Partners on the disposal of the B&M at Felixstowe Road in Ipswich. The property is let for a further 8.6 years at a rent of £12.91 per sq ft.
Bedford: B&M
The team at XPROP advised DTZ Investors on the disposal of B&M in Bedford. The property was let for 13.4 years at a rent of £10.00 per sq ft.
Stockton: Stockton Shopping Park
The team at XPROP advised a prop-co client on the purchase of Stockton Shopping Park in Stockton for £9.5 million, reflecting a NIY of 9.40%.
Barnstaple: Wickes
The team at XPROP advised CBRE Global Investors on the disposal of Wickes in Barnstaple for £3.165 million, reflecting a NIY of 8.13%.
Newcastle: Newcastle Shopping Park
The team at XPROP advised M&G Real Estate on the disposal of Newcastle Shopping Park for £34.5 million.
Oxford: Wickes
The team at XPROP advised Lothbury Investment Management on the disposal of Wickes in Oxford for £11.42 million, reflecting a NIY of 5.71%.