Coppins Bridge goes to Axa for £12m

AXA Sun Life has paid £12m for Coppins Bridge Leisure and Retail Park in Newport on the Isle of Wight.The sale by owner Passmore Investments of the 73,920 sq ft (6,870 sq m) property reflected a net initial yield of 7.2%. Cine-UK, Pizza Hut, KFC and Luminar Leisure are tenants. ...

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