13th Sep 2013 13:48
LONDON (Alliance News) - Schroders Real Estate Investment Trust Ltd Friday said that it has exchanged conditional contracts to sell its Reynard Trading Estate in Brentford, to Nottingham Hill Ownership, for a base price of GBP20 million.
The Reynards Trading Estate is 170,000 square foot, and as of June 30 was valued at GBP16 million.
The investment fund's shares were trading up 22.75 pence at 2,475.75 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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