Cap & Reg buys Waterside mall at 7.68% yield

By A staff reporter 2011-02-11T00:00:00

Capital & Regional has unconditionally exchanged contracts to purchase the Waterside Shopping Centre in the cathedral city of Lincoln for £24.8 mln (EUR 29 mln), reflecting 7.68% net initial yield. It was the first property acquisition by Capital & Regional since its successful capital raising in 2009.

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