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Hansteen sells trading estate near Bournemouth

30 August 2017 09:47

Hansteen Holdings has sold the Carvers Trading Estate in Ringwood, northeast of Bournemouth, for £7.06m, reflecting a NIY of 4.93% and a capital value per sq ft of £137.

The multi-let property comprises 51,346 sq ft which benefits from a prominent location in the centre of Ringwood and is let to a variety of tenants including Topps Tiles, Screwfix, ATS Euromaster and Howdens.

Carvers Trading Estate was sold to a client of CBRE Global Investors who, in turn, was advised by CBRE. Knight Frank advised Hansteen on this transaction.

At 9:47am: (LON:HSTN) Hansteen Holdings PLC share price was +2.8p at 133.1p

Story provided by StockMarketWire.com

Related Company: HSTN

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