Login

M&G buys Bristol distribution hub for £23m

The M&G Property Portfolio has bought a four bay distribution warehouse at Western Approach Distribution Park, Bristol for £23m, representing a net initial yield of 7.13%.
CoStar News
May 23, 2013 | 6:30 P.M.

The 270,248 sq ft property is let to DSG Retail on a fully repairing & insuring basis for a 25-year term, commencing on 4 April 2006 and expiring on 3 April 2031 and providing an unexpired term of 18 years.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


  • Properties
    • WA248

      Western Approach Distribution Park, Severn Beach, SGC