News
- Home
- Investment Company News
- Custodian REIT buys property in Nottingham
CREI : Custodian REIT buys property in Nottingham
Custodian REIT is paying £1.741m for 15 St. Peter’s Gate in Nottingham. The retail unit is let to the White Company until June 2020 at a rent of £140,000 per annum – equivalent to a net initial yield of 7.75%.
Custodian REIT is paying for the property using its existing credit facilities and, after this deal, has invested £38m since it listed in March 2014.
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated