Tuesday 29 September at 5pm
Tesco is bidding to unlock hundreds of millions of pounds from its Asian property empire. Its Thai subsidiary, Tesco Lotus, is looking to raise more than £300m via an initial public offering for a new property fund secured against 15 of its hypermarkets in Thailand.
Arrowcroft Leisure has bought a 35,000 sq ft property in Market Place, Rugby, Warwickshire, for £1.1m. It comprises two retail units let to Greggs and V Shop with offices above.
Rent roll is £90,600 a year and the price reflects an initial yield...
Private investors have paid £1.65m for units 3a and 3b at Middleton district shopping centre in Leeds.
The 21,285 sq ft property is held on a 125-year lease less 10 days from December 1983 at a peppercorn rent. The price reflects an initial yield...
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