Archipelago Business Park sold for £12m

Scottish Widows has bought Archipelago Business Park in Frimley, Surrey, from Haslemere for just over £12m. The 54,500 sq ft (5,060 sq m) three-building park is multilet, producing annual rent of £1.2m. The deal reflects an initial yield of 9.58%. Jones Lang LaSalle acted for Scottish Widows, FPDSavills for Haslemere.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue