Helical Bar sells Garden mall for EUR 55m

By A staff reporter 2007-03-01T00:00:00

Property development and investment company Helical Bar has sold its leasehold interest at the Garden shopping centre in Letchworth, south-east England, to a joint venture between Vale Retail and Tyburn Lane Private Equity for £37.55 mln (EUR 55.68 mln). The transaction value reflects a net initial yield of 4.3%.

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