CWM Out of Town advised CCLA on the acquisition of Solihull Gate Retail Park for £16.1 million from Aberdeen Standard, reflecting a NIY of 8.13%.
CWM Out of Town advised Palmer Capital on the acquisition of four B&Q sale-and-leaseback properties in Birmingham, Cardiff, Washington and Newcastle for a combined £64.85 million.
CWM Out of Town advised LXi REIT on the acquisition of a Bupa care home in Bristol let for an unexpired term of 23.5 years.
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.
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%.
CWM Out of Town advised Royal London Asset Management on the forward purchase from Steamrock Capital for £38.78 million, reflecting a NIY of 5.25%.
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%.
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%.