Ignis Asset Management has sold
The 10,000 sq ft freehold investment is let to
Rupert Guy, partner at Kitchen La Frenais Morgan, said: “This is a good test for the market.”
Kitchen La Frenais Morgan advised Ignis Asset Management; Bidwells advised
Ignis Asset Management has sold 45 – 49 Clarence Street, Kingston-upon-Thames in Surrey, to Trinity College Cambridge, for £12.25m and a 6% yield. The 10,000 sq ft freehold investment is let to US clothing retailer Gap. Rupert Guy, partner at Kitchen La Frenais Morgan, said: “This is a good test for the market.” Kitchen La Frenais Morgan advised Ignis Asset Management; Bidwells advised Trinity College. annabel.dixon@rbi.co.uk
