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CBRE GI sells Reading Retail Park for £31m

CBRE Global Investors has sold Reading Retail Park to Columbia Threadneedle Investments for £31.4m, reflecting a net initial yield of 6.8% per annum.
By Kasmira Jefford
May 9, 2017 | 12:58 P.M.

The property, which was part of the CBRE UK Property PAIF (UKPP) portfolio, is located on Oxford Road the western edge of Reading and comprises eight retail warehouse units totalling 118,255 sq ft.

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