11th Sep 2015 07:12
LONDON (Alliance News) - Schroder Real Estate Investment Trust Ltd on Friday said it has secured lettings for the St John's Retail Park in Bedford which it acquired in May.
The group has reached an agreement to lease the single vacant retail warehouse unit on the site to Tapi Carpets and Floord Ltd for GBP121,500 per year.
In addition, the trust has agreed a lease extension with Maplin Electronic Ltd, the electricals retailer. The lease for the company has been extended by five years to March 2023.
Schroder Real Estate shares were down 0.1% to 58.68 pence on Friday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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