Boots has sold the last of its non-operational property, a shopping centre in Hastings.
A private Irish client of BTW Shiells has bought Priory Meadows for £61.5m, showing a 7% yield.
Keith Shiells of BTWShiells said that UK shopping centres were attractive to Irish investors because “it is virtually impossible to buy a scheme like Priory Meadow in Northern Ireland”.
Jones Lang LaSalle represented Boots.
References: EGi News 12/12/03
