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SREI acquires Bedford Retail Warehouse Park

18 May 2015 07:34

Schroder Real Estate Investment Trust Ltd has acquired the freehold interest in St.John's Retail Park in Bedford for £31.8m, reflecting a net initial yield of about 6.5%.

The property is well located about 1.5 miles to the south of Bedford town centre and comprises a 130,000 sq ft retail warehouse park let to 12 tenants with an adjoining 11,600 sq ft office building.

Story provided by StockMarketWire.com

Related Company: SREI

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