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Purchase of Property

12 May 2014 16:41

RNS Number : 8942G
F&C UK Real Estate Investments Ltd
12 May 2014
 



To: RNS

From: F&C UK Real Estate Investments Limited

Date: 12 May 2014

 

F&C UK Real Estate Investments Limited ('FCRE')

 

Purchase of Brook Retail Park, Bromsgrove

 

On 2 May 2014, IPT Property Holdings Limited, a subsidiary of FCRE, purchased a retail warehouse park in Bromsgrove for £7.55 million, at an initial yield of 6.2 per cent. Unit 1 is let to Homebase Ltd for 20 years at £362,500 per annum and Unit 2 is let to Pets at Home Ltd for 15 years at £132,750 per annum.

 

 

 

 

All Enquiries:

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

 

Tel: 01481 745001

Fax: 01481 745051

 

 

Ian McBryde

Scott Macrae

F&C Investment Business Ltd

 

Tel: 0207 628 8000

Fax: 0131 225 2375

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGGUUCAUPCGAP
Date   Source Headline
23rd Apr 20187:00 amPRNNet Asset Value
4th Apr 20183:44 pmPRNHolding(s) in Company
26th Feb 20187:00 amPRNInterim Results
22nd Feb 20185:24 pmPRNInterim Dividend (Amended)
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