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Praxis buys Longcross portfolio

Praxis has bought the remaining assets in the Longcross Property Investment Fund in a deal worth £8.2m and reflecting an 11% net initial yield.
CoStar News
June 23, 2016 | 5:00 P.M.

Comprising 16 business units across six South East locations, as well as a shop in Halifax, the portfolio adds a further 71,000 sq ft of commercial real estate to Praxis’ portfolio which has an increasing allocation to the regional office markets in close proximity to London.

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News | Praxis buys Longcross portfolio