Login

Schroder REIT buys in Rugby

Schroder Real Estate Investment Trust has bought Morgan Sindall House in Rugby for £3.95m, reflecting a net initial yield of 8%.
CoStar News
February 7, 2014 | 2:08 P.M.

The property comprises a 36,016 sq ft office building together with 95 car parking spaces and is let to Morgan Sindall as its regional headquarters for 15 years without tenant breaks at £335,000 pa or an overall rate of £9.30 per sq ft, with a guarantee from Morgan Sindall Group.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In