UK - Morley Fund Management has sold a 230,000 sq ft Debenhams store in Romford, to Irish clients of Strutt & Parker for nearly £20m.
The deal represents a net initial yield of 5.46%. The freehold investment, which is let for a further 92 years toDebenhams, produces a current net income of £1.15m per annum and is due for revie...
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