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AEW UK Core Property Fund buys Bristol leisure park

AEW UK Core Property Fund has bought Hengrove Leisure Park, Bristol for £13.9m, reflecting a net initial yield of 7.3%.
CoStar News
October 4, 2018 | 2:13 P.M.

The 87,873 sq ft park is located in Hengrove, 3.4 miles from Bristol city centre. The park is comprised of a diverse range of properties and tenants, including a 14 screen Cineworld multiplex cinema, Gala Bingo, Premier Inn and a number of other restaurants and fast-food outlets. The weighted average unexpired lease term is 11.5 years.

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