AEW fund purchases £14.2m NHS-let resi building

By Frances Ivens2018-07-24T10:34:00

AEW UK Real Return Fund has purchased a block of residential accommodation let to an NHS Trust for £14.2m

The property has a secure lease term of 20 years with 5 yearly rent reviews linked to inflation, and the purchase price reflects a net initial yield of 5%.

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