20th Jun 2018 11:33
LONDON (Alliance News) - Regional REIT Ltd said Wednesday it agreed the sale of The Point Trade & Retail Park in Glasgow, Scotland, for GBP14.1 million.
The 158,546 square feet property was acquired in 2013 and comprises 11 individual units let on 10 separate leases, the real estate investment trust said.
The sale price of GBP14.1 million, represents an uplift of 5.6% against the valuation last December.
Regional REIT shares were trading up 0.5% at 95.00 pence each.
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