Orchard Street acquires Guildford industrial estate for EUR 24m

By A staff reporter 2012-08-09T00:00:00

London-based Orchard Street Investment Management has purchased industrial property complex Cobbett Park in Guildford, UK on behalf of a pension fund client. The investment volume of £19 mln (EUR 24 mln) reflects a net initial yield of 6.16%. The vendor was Legal & General Property's Industrial Property Investment Fund (IPIF).

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