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13 Sep 2007 07:01
ISIS Property Trust 2 Limited13 September 2007 To: RNSFrom: ISIS Property Trust 2 LimitedDate: 12 September 2007 ISIS PROPERTY TRUST 2 LIMITEDPURCHASE OF INVESTMENT PROPERTY ISIS Property Trust 2 Limited, on 28 August 2007, purchased the freeholdinterest in 1-2 Lochside Way, Edinburgh Park, Edinburgh for £14,400,000reflecting a net initial yield to the Company of 5.5%. The property is an officebuilding situated on one of Scotland's premier out of town business parks. Theaccommodation comprises 42,401 sq ft, together with 143 car spaces. The property is let to HSBC Securities Services (UK) Ltd, with a guarantee fromHSBC Bank plc, on two leases expiring in August 2014 at £837,380 per annum whichequates to £20psf. The next review is due on 29 August 2009. All Enquiries: The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL Tel: 01481 745001 This information is provided by RNS The company news service from the London Stock Exchange
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| Date | Source | Headline | |
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