Invista sells York retail unit above valuation price

By A staff reporter 2009-06-08T00:00:00

Invista Foundation Property Trust has announced the sale of a retail unit in York to an in-house fund of Nightingale Partners. The £1.9 mln (EUR 2.17 mln) disposal price reflects a net initial yield of 5.5% and was 9.8% above the 31 March 2009 valuation, the company said in a ...

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