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TH RE puts Portsmouth Tesco superstore on shopping list

TH Real Estate has bought a 90,000 sq ft long leased Tesco in Portsmouth from the Pears Group at a 5% yield, CoStar News understands.
CoStar News
March 21, 2016 | 7:15 P.M.

Market sources this week said TH RE had paid close to £35m for the store on Crasswell Street, which is leased to Tesco on a 20 year lease, reflecting a 5% yield.

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IN THIS ARTICLE


  • Properties
    • Tesco

      Crasswell St, Portsmouth, HAM