Cording buys South East mixed-use portfolio for £38m

Crofton Court, Northampton

Cording Real Estate Group has acquired a portfolio of mixed-use assets across the UK in an off-market transaction for £38.4m.

Acquired from a private family trust, the portfolio, which reflects a net initial yield of 7.68%, is mixed use with a 70% weighting towards industrial. The remaining assets are office and retail in 15 locations.

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