Exeter city council has bought the Guildhall shopping centre in the South West city from Aviva Investors for £41.5 million, reflecting a net initial yield of 6.75%, CoStar News understands.
Exeter Council Splashes £40 Million-Plus on City's Key Mall
There Has Been a Major Trend For Councils to Buy Their Borough Malls
By Paul Norman
CoStar News
May 13, 2022 | 8:20 AM
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IN THIS ARTICLE
- Properties
- Guildhall Shopping Centre
High St, Exeter, DEV
- Companies
- Aviva
Finance and Insurance