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18 Jul 2022 08:21
IN BRIEF: Industrials REIT disposes of Rose Kiln Court in Reading
Industrials REIT Ltd - London-based real estate investment trust - Completes the sale of Rose Kiln Court, located in Reading, for GBP5.88 million. The sale price represents a 2.2% discount to the March 31 valuation of GBP6.0 million. The property is vacant following the expiry of a lease across the entire building to Thames Water in April. Rose Kiln Court is situated close to Reading town centre and presents an attractive repositioning and redevelopment opportunity for a variety of commercial and residential uses.
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