AEW UK Core Property Fund is pleased to announce that it has acquired the 7-acre Whitecroft Lighting freehold unit on the Kayley Industrial Estate, Ashton-under-Lyne for £8.25 million. The acquisition price reflects a net initial yield of 6.5% and a capital value of £53 per sq ft.
AEW UK Core Property Fund acquires 7 acre unit on the Kayley Industrial Estate
Deal reflects a net initial yield of 6.5%
By Sharon Smyth
CoStar NewsSeptember 19, 2019 | 9:03 AM
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