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Henderson buys Kidderminster shop

Henderson Global Investors has bought a shop in Kidderminster for £4.36m which equates to a net initial yield of circa 7.1%.
CoStar News
March 27, 2013 | 12:26 P.M.

The shop on Park Lane is let to Matalan until 2020 and was bought on behalf of Henderson’s circa £1.1bn UK Retail Warehouse Fund. It is located adjacent to Weavers Wharf Shopping Park, which is also owned by the Fund. 

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