21st Mar 2014 17:48
LONDON (Alliance News) - Real Estate Investor PLC said Friday that it had acquired the Lunn Poly House Parade in Leamington Spa, Warwickshire for GBP2.35 million.
The property produces a rental income of GBP262,300 per year, and has tenants including Thomas Cook Retail Ltd, TUI UK Ltd, Sharps Bedrooms Ltd and Hammonds Furniture Ltd, it said.
It also said that it had let around 7,451 square feet of space at Guardian House in West Bromwich on a new ten year lease, with five yearly rent reviews, to Clar Brookes Turner Cary Solicitors at a rental of GBP81,961 per year.
Shares in Real Estate Investor closed down 0.2% at 49.40 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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