5 December, 2017
DTZ Investors acquire 50-74 Sauchiehall Street, Glasgow
DTZ Investors has completed the acquisition of the freehold interest of 50-74 Sauchiehall Street in Glasgow for £15.3m, reflecting a 6.1% net initial yield.
The asset comprises four retail units that were refurbished in 2012 and total 26,481 sq ft. The property is multi-let to Bank of Scotland, Dr. Martens and Poundland with a WAULT to expiry of 7.4 years. The acquisition provides exposure to a diversified income stream in major UK City in a the micro location that benefits from very high levels of footfall and sustainable retailer demand.
DTZ Investors were advised by Montague Evans.
Latest News
7 May, 2025
UK
Property Week Awards 2025 - DTZ Investors Announced as a Finalist in Four Categories
16 April, 2025
UK
DTZ Investors offers Work Experience and hosts an Insight Day with The Land Collective
2 April, 2025
UK
DTZ Investors Completes a 10 year term to GAIL’s Bakery
21 March, 2025
UK
DTZ Investors disposes of two Midlands retail parks for £33m.
