Back
News

Conygar to sell property portfolio

Conygar-logo-THUMB.jpegConygar Investment Company has instructed Deloitte to sell the majority of its property holdings in an £87m mixed-use portfolio.

The Coppice portfolio covers 25 properties, including 12 offices, 10 multi-let industrials and three retail properties covering nearly 1m sq ft.

Coppice generates a £7.5m rent roll from its 69 tenants, with the guide price reflecting a yield of 8.2%.

Funds from the sale are expected to go towards future development opportunities and acquisitions.

chris.berkin@estatesgazette.com

Up next…