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LaSalle sells Wren Retail Park in Torquay for EUR 27m

By A staff reporter 2009-12-23T00:00:00+00:00

LaSalle Investment Management has announced the sale of Wren Retail Park in Torquay for 拢24.4 mln (EUR 27.4 mln) to Aviva Investors Pensions Limited, on behalf of The Torquay Unit Trust. The transaction represents an initial yield of 5.5%.

LaSalle Investment Management has announced the sale of Wren Retail Park in Torquay for 拢24.4 mln (EUR 27.4 mln) to Aviva Investors Pensions Limited, on behalf of The Torquay Unit Trust. The transaction represents an initial yield of 5.5%.

The 48,100 square foot retail warehouse is occupied by Boots, Carpetright, Mothercare and Next Plc. LaSalle Investment management was advised by Wilkinson Williams.