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L&G makes £11m school buy

Legal & General Property has completed the acquisition of Brook House Primary School, 881 High Road Tottenham, a newly built school in Tottenham, North London, for £11m on behalf of its LPI Income Property Fund.
By James Buckley
July 16, 2015 | 2:22 P.M.

The property has been purchased from Tottenham Hotspur and the price reflects a net initial yield of 4.02%. Doherty Baines advised Legal & General Property on the deal, while Lambert Smith Hampton acted for Tottenham Hotspur.

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