Finance

CBRE forward funds shed at Jaynic’s Bury St Edmunds scheme

By 2021-11-29T11:51:00

Hermes only

CBRE Investment Management has forward funded the development of a 76,000 sq ft warehouse pre-let to Hermes Parcelnet, at Jaynic’s Suffolk Park in Bury St Edmunds.

CBRE IM has agreed £19.35m of funding with Jaynic, reflecting a market net initial yield of 3.48%.

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