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M&G sells Bristol govt offices to Alpha for £73.35m and record regional yield

Yield paid for 154,191 sq ft campus is understood to be a record for a sub-20-year lease in the regions
CoStar News
August 15, 2019 | 9:15 AM

M&G Real Estate has sold Temple Quay House in Temple Quay, the Bristol business district, to Alpha Real Capital for £73.35m, or a 4% yield, in what is understood to be the lowest yield paid for a sub 20-year income office investment in the UK regions, CoStar News can reveal.

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News | M&G sells Bristol govt offices to Alpha for £73.35m and record regional yield