AEW UK REIT has completed the sale of units 1-11 of Central Six Retail Park, Coventry, for £26.25 million, reflecting a net initial yield of 7.49% and a capital value of £213 per square foot, to French investor Corum Asset Management on behalf of fund SCPI Corum XL.
Busy French investor buys £26.25 million slice of Coventry retail park
AEW UK REIT sells at 60% premium to purchase price
By Paul Norman
CoStar News
December 16, 2024 | 1:33 P.M.
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IN THIS ARTICLE
- Properties
- Central Six Retail Park
Warwick Rd, Coventry, WMD
- Companies
- AEW UK REIT plc
Real Estate
- Harvey Spack Field & Co
Real Estate
- Contacts
- Henry Butt
Asset Management Associate Director, AEW UK Investment Management LLP