Montreaux makes Ilford retail park purchase

Montreaux Ilford Retail Park

Mixed-use developer Montreaux has acquired Ilford Retail Park in east London from LaSalle Investment Management for £17.65m.

The 2.5 acre site is located within Ilford town centre, close to the new Elizabeth Line station which is set to open later this year.

The retail units are multi-let to a range of tenants including Fitness First, Lidl and Farmfoods with an average unexpired lease term of five years.

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