News

St Albans: Wickes

St Albans: Wickes

CWM Out of Town advised Columbia Threadneedle on the acquisition from Milton (BVI) Limited. Wickes occupy the property on a reversionary lease with 10.5 years term certain off a rent of £15.47 psf.

Ashford: Warren Retail Park

Ashford: Warren Retail Park

CWM Out of Town advised Salmon Harvester Properties on the disposal to Knight Frank IM for £11.925 million, which reflects a net initial yield of 6.1%.

Farnborough: Horizon Retail Park

Farnborough: Horizon Retail Park

CWM Out of Town advised Royal London Asset Management on the forward purchase from Steamrock Capital for £38.78m, reflecting a NIY of 5.25%.

Wickes: Swindon

Wickes: Swindon

CWM Out of Town advised IM Properties on the acquisition of the Wickes Extra in Swindon for £14.918 million, which reflects a net initial yield of 5.65%.

Kingsditch Retail Park: Cheltenham

Kingsditch Retail Park: Cheltenham

CWM Out of Town advised M&G Real Estate on the disposal of Kingsditch Retail Park in Cheltenham to DTZ Investors for £42.4 million, which reflects a net initial yield of approximately 5.6%.

Farnborough: Horizon Retail Park

Farnborough: Horizon Retail Park

CWM Out of Town advised Royal London Asset Management on the purchase of the Horizon Retail Park Development in Farnborough for £38.78m reflecting a net initial yield of 5.25%.