News
Durham: Durham City Retail Park
XPROP advised Columbia Threadneedle Investments on the acquisition of Durham City Retail Park. The scheme is fully let with average rents of £12.46 per sq ft.
XPROP Supports Young England Golf Talent Will Horne
XPROP are delighted to announce that they will be supporting Will Horne, one of the country’s brightest young golfing talents.
Bromsgrove: Bromsgrove Retail Park
XPROP advised IM Properties on the sale of Bromsgrove Retail Park for £13 million, reflecting a NIY of 6.21%. The scheme is occupied by Lidl, Home Bargains, Food Warehouse, Pure Gym and Greggs.
Birmingham, Perry Bar: Wickes Extra
XPROP advised Somerset West and Taunton Council on the purchase of the Wickes Extra in Perry Bar for £9.25 million, reflecting a NIY of 7.42% in an off-market transaction from Aviva Investors.
Oxford: Templars Shopping Park
XPROP advised Federated Hermes on the acquisition of Templars Shopping Park for £45 million from PGIM Real Estate. The scheme sits on a 9-acre site in south east Oxford and comprises c140,000 sq ft.
Falmouth, Penryn: B&Q
The team at XPROP advised BMO Real Estate Partners on the disposal of the B&Q at Kernick Road in Penryn near Falmouth. The property is let for a further 10.5 years at a rent of £12.91 per sq ft.
Ipswich: B&M
The team at XPROP advised BMO Real Estate Partners on the disposal of the B&M at Felixstowe Road in Ipswich. The property is let for a further 8.6 years at a rent of £12.91 per sq ft.
Bedford: B&M
The team at XPROP advised DTZ Investors on the disposal of B&M in Bedford. The property was let for 13.4 years at a rent of £10.00 per sq ft.