Redevco Sells 180 – 190 High Street, Lewisham

November 22, 2011

Redevco has sold its freehold interest in 180 – 190 High Street, Lewisham to a fund managed by Henderson Global Investors for £7.64 million (€ 8.7 million).

 The freehold property provides approximately 53,000 sq ft (4,929 sq m) of retail space and is fully let with just under 15 years unexpired to Primark. Having undertaken an active marketing campaign Henderson was selected as a preferred purchaser against strong interest from several other parties. The exit price reflects a 6.00% net initial yield.

Redevco were represented by Knight Frank, while Henderson were represented by Jones Lang Lasalle

-ends-

 

Latest News

METROCENTRE NEW MANAGEMENT TEAM SIGNALS NEW DAWN FOR NORTH EAST DESTINATION

November 3, 2020 - 09:54

One of the UK’s leading shopping centre operators, Sovereign Centros has taken over the running of intu’s largest asset, the Metrocentre in Gateshead, heralding a new era for the premier North Eas[...]

+ Read More

New Vue set for Glasgow as work begins at St Enoch Centre

November 3, 2020 - 09:49

Work has begun on a new Vue venue in Glasgow which will launch in quarter one of 2021 and bring around 40 new jobs to the city. Vue has signed a 20 year lease to create a nine-screen Big Screen Entert[...]

+ Read More

1000 new homes, 10,000 new jobs and a transformed city centre for Sunderland, plan promises

October 14, 2020 - 08:31

A TRANSFORMATIONAL masterplan that will reinvent the heart of Sunderland has been released today. The Riverside Sunderland Masterplan, which sets out a detailed blueprint for the regeneration of a key[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR