PropertyEU

Henderson acquires phase 1 of Ashford Retail Park

By A staff reporter 2011-05-09T00:00:00

Henderson Global Investors has acquired Phase 1 of Ashford Retail Park in Kent, for £14.25 mln (EUR 16 mln), representing an equivalent yield of 5.4%. Henderson purchased the 5,100-m[sup]2[/sup] site on behalf of its £1.1 bn UK Retail Warehouse Fund from the Local Authorities' Mutual Investment Trust (LAMIT).

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