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
8 August, 2022
UK
DTZ Investors publishes its second Responsible Investment (RI) Report
6 July, 2022
UK
DTZ Investors colleagues take part in the JLL Property Triathlon 2022 that raised £179'000 for The World Wildlife Fund (WWF)
4 July, 2022
UK
Volunteers from DTZ Investors join Citizen Zoo on the Hogsmill River in Kingston Upon Thames to create a healthy habitat for the reintroduction of Water Voles!
1 July, 2022
UK
DTZ Investors co-living fund (COLIV) charity partner, Harrow Association of Disabled people [HAD], celebrates its 50th birthday!
