By David Parsley2023-03-21T09:33:00
Source: Shutterstock/ jax10289
British Land has completed on the acquisition of three retail parks for a total of £94m and sold its 50% stake in a retail park in Preston for £30m.
The group has paid £51.5m for the Capitol Retail and Leisure Park in Preston for £51.5m, representing a net initial yield (NIY) of 8.43%.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.
Registered users and subscribers SIGN IN here to continue