11th Dec 2015 09:09
LONDON (Alliance News) - Real estate investment trust McKay Securities PLC on Friday said it has secured a new letting at the Switchback Office Park in Maidenhead in Berkshire.
CCL Label Ltd, which trades as office products company Avery, has taken a 15-year lease on Building 6 at the site, paying a contracted rent of GBP118,300 a year.
"This letting sees the continued recovery of rents at Switchback Office Park, and progress in releasing the reversionary potential from our portfolio," said McKay Managing Director Simon Perkins.
McKay shares were down 0.4% to 260.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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