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Invesco lands £53m Bristol shopping park acquisition

Invesco Real Estate has bought Abbey Wood shopping park in Bristol from Hermes Real Estate Investment Management for £53m, reflecting a 5.75% yield.
By Kasmira Jefford
March 27, 2017 | 7:00 P.M.

Hermes carried out a £10m refurbishment and extension of the 145,743 sq ft scheme in 2014, introducing new anchor tenants including B&M and Asda. The supermarket took a 53,382 sq ft store on the site on a 25 year lease. 

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