Kenmore buys UK retail scheme for EUR 29m

By A staff reporter 2007-09-19T00:00:00

UK-based commercial property investor and developer Kenmore has purchased the New Broadmead retail scheme in Bristol from ING Real Estate for EUR 29 mln. The price for the 5,700 m[sup]2[/sup] scheme reflects a net initial yield of 5.8%. Located on Union Street, the island site comprises 16 units and the ...

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