DTZ Investors dispose of South East mixed use investment
DTZ Investors has disposed of the freehold interest in 186-188 High Street, Slough to occupier Select Fashion for £2.67m, reflecting a net initial yield of 7.22%.
The property is fully let and provides two prominent retail units with office accommodation above.
David Peacock – Portfolio Manager at DTZ Investors commented “A culmination of the recent office letting and market conditions, meant that the current environment was supportive of the property’s disposal”.
DTZ Investors were advised by Knight Frank.