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Aberdeen Standard buys Crawley Wickes at 4.5% yield

Aberdeen Standard Investments has bought a Wickes DIY retail warehouse at Betts Way, Crawley from Travis Perkins (Properties) Ltd on behalf of an ASI retained client for £10.41m, an initial yield of 4.5%.
CoStar News
March 8, 2018 | 7:01 P.M.

The 27,400 sq ft unit adjoins Crawley's Acorn and County Oak retail parks, with a prominent frontage to London Road. It was developed by Travis Perkins Properties Ltd and opened for trade in 2017.

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