We might well see some line-up changes to both the Capitol and Deepdale retail parks as a result of these deals 🛍️
The London-based property developers exchanged on the acquisition with Royal London, reflecting a net yield of 8.43 per cent.
The 300,000 square feet Preston complex which is home to popular retailers – Next PLC, Home Bargains and Boots, forms part of a wider £94m deal.British Land sold its 50 per cent stake inAt a net yield of 7.5 per cent, the company did this to keep in line with the ‘strategy of actively recycling capital’.
“This is driving good occupational demand across the portfolio reflected in our 97 per cent occupancy and growing ERVs.”
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