By Guy Montague-Jones2018-07-05T10:35:00
UK Commercial Property REIT has acquired the White Building in Reading for £51m and sold 1 Rivergate in Bristol for £27.6m.
The REIT, which is managed by Aberdeen Standard Investments, acquired the White Building from Boultbee Brooks Real Estate and CBRE Global Investors. The £51m price reflects a topped up net initial yield of 5.75%.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts