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Orchard completes £54.5m Cardiff Bay Retail Park buy

Orchard Street Investment Management has confirmed its purchase of Cardiff Bay Retail Park from Invista Real Estate Management and Schroders for £54.5m, reflecting a net initial yield of 6.25%.
By James Wallace
July 26, 2011 | 3:10 P.M.

Cardiff Bay Retail Park is located in Cardiff Bay, Europe’s largest waterfront development, and let to the Welsh government as well as Boots, Argos and Bhs, IKEA and Asda.

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