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LondonMetric JV buys Llanelli retail park

LondonMetric Property’s Metric Income Plus Limited Partnership joint venture with Universities Superannuation Scheme has exchanged to buy Trostre South Retail Park in Llanelli from Benesco, a charity, for £12.8m, reflecting a net initial yield of 6.8%.
CoStar News
July 3, 2014 | 12:16 P.M.

The 75,400 sq ft retail park is let to B&Q, Pets at Home and KFC with a vacant unit of 10,000 sq ft, formerly Dreams, which is subject to a two-year rental guarantee.

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