British Land buys Mayflower retail park for £51m
UK REIT British Land has purchased Mayflower Retail Park on the edge of the Basildon town centre in Essex from Scottish Widows Investment Partnership (Scottish Widows) for £51 mln (EUR 59 mln). The purchase price represents a net initial yield of 6.3%, rising to 6.9% upon letting of the park's ...
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