| |
| Please Note - Streaming News is only available to subscribers to the Active Level and above |
|
|
|
LondonMetric Property sells two properties in Derby for £11.1m
StockMarketWire.com
|
Real Estate company LondonMetric Property said it had sold two assets let to M&S and Wickes in Derby for a combined consideration of £11.1 million at a blended NIY of 6.0% and a 7% surplus to the last reported book value.
The company sold an M&S Foodhall, to an overseas private investor for £6.2 million, with completion of the sale expected at the end of the year.
The Wickes store was sold to an overseas property company for £4.9 million, with completion of the sale expected in August.
Story provided by StockMarketWire.com
|
|
|
|
|
|
