Login

Whitley Bay shopping centre sold to Cordatus for £7.5m

Cordatus Property Trust has bought Park View Shopping Centre in the seaside town of Whitley Bay from Bow Street Mall for £7.5m.
By Kasmira Jefford
August 15, 2016 | 3:46 P.M.

The yield was not disclosed although it is understood that the shopping centre was originally on the market for £9.25m - well above the eventual sale price. 

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