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CBREI buys trio of assets

CBRE Global Investors has made three purchases totalling more than £23m in Surrey, West Sussex and Northampton.


It has bought an industrial unit in Sunbury for £7.8m, reflecting a 7.75% yield. The property is let to cash and carry company Booker until April 2021.


CBREI has also paid just under £10m for the Woolborough Lane industrial estate in Crawley, and £5.7m for Beckett retail park, reflecting yields of 7.25% and 6.3% respectively.


Buchanan Bond, Vail Williams and Aurum Real Estate advised.


joanna.bourke@estatesgazette.com


 

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