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Acquisitions
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Page 5
Harlow | Travelodge
Harlow
– Edinburgh Gate
Let to Travelodge Hotels Limited for 24 years. Low passing rent with 5-yearly uncapped RPI rent reviews. Acquired for 5.25% initial.
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Olney | Foodstore Investment
Olney
– Sainsbury’s
Forward funding of a foodstore investment. Completed off-market. Attractive index-linked rent review provisions. Store opened November 2019.
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Corby | Distribution Centre
Corby
56,000 sq ft cross-docked, distribution centre. Acquired for Pension Fund clients.
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Norwich | Mixed-Use Town Centre Scheme
Norwich
60,000 sq ft mixed-use town centre scheme. Acquired for Pension Fund clients.
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Salisbury | Prime Long Let Gym Investment
Salisbury
Prime long-let gym investment. Acquired off-market for a property investment trust.
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Bury St Edmunds | Prime Leisure Scheme
Bury St Edmunds
A prime leisure scheme anchored by an 8-screen Cineworld
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Plymouth | Retail Park
Plymouth
High yielding well let retail park. Acquired on behalf of a property investment trust.
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Stockport | Prime Car Showroom Investment
Stockport
Prime car showroom investment. Acquired off-market for a property investment trust.
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Bedford | Prime Multi-let Industrial Estate
Bedford
Prime 260,000 sq ft multi-let industrial estate with development land. Acquired off-market.
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