News

Sovereign spends £17.6m to develop Farnborough shopping centre site

By Lawrie Holmes2022-10-13T15:44:31.093

Princes Mead Farnborough - early CGI of the alternative use scheme

Knight Frank Investment Management (KFIM), on behalf of Local Pensions Partnership Investments (LPPI), has sold the Princes Mead shopping centre site in Farnborough to Sovereign Housing Association for £17.6m, reflecting an 8% net initial yield.

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