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Dundee’s Wellgate Shopping Centre Sells at a Yield North of 90%

The 540,000-Square-Foot Mall Sold for £1.4 Million at Auction on 13 December
The Wellgate Centre in Dundee. (CoStar).
The Wellgate Centre in Dundee. (CoStar).
CoStar Analytics
December 14, 2021 | 12:08 P.M.

The Wellgate Shopping Centre in Dundee was sold at auction to a private investor for £1.4 million, which is roughly equal to the centre’s annual rent roll.

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