1 December, 2017
DTZ Investors' acquire Mid Sussex Retail Park
DTZ Investors has acquired the freehold interest of Mid Sussex Retail Park, Burgess Hill from Goldman Sachs for £17.325m, reflecting a net initial yield of 4.72%.
Mid-Sussex Retail Park is a newly constructed scheme which completed in 2013 and comprises two units let to 5A1 covenants B&Q and Pets at Home over 50,687 sq. ft. The asset has a WAULT to expiry of 11 years with 80% of the income secured to B&Q with index-linked reviews.
Additionally, the property was designed and constructed to a BREEAM standard of ‘Very Good’ and aligns with DTZ Investors’ sustained commitment to sustainable investment.
DTZ Investors were advised by Hampson Wall.
Latest News
22 April, 2024
UK
DTZ Investors sign The Fold at 2 Royal Exchange Buildings, London
9 April, 2024
UK
FOLK SCOOP TOP ACCOLADES AT HOMEVIEWS AWARDS 2024
21 March, 2024
UK
DTZ Investors Completes Third Investment for the LGPS Central Property Fund
7 February, 2024
UK
Mountain, Soho's vibrant Basque inspired restaurant, has been awarded its first Michelin Star