LaSalle Investment Management has forward-purchased a 165,000 sq ft mixed-use scheme in Leigh, Lancashire, for £48m – a 5.47% blended yield.
Spinning Jenny Way, which is being developed by Salmon Harvester Properties, is let to Tesco and Cineworld on 25-year leases.
Lyndon Yeomans advised Salmon Harvester; Hoddell Stotesbury Morgan and Montagu Evans acted for LIM.
samantha.mcclary@estatesgazette.com
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