Peer Group has paid Scottish Metropolitan £ 8.1m for St Mary’s Shopping Centre in Thornbury, north Bristol. The sale price reflects a yield of around 10%.
Anchored by Safeway, the 8,360 sq m (90,000 sq ft) Grosvenor Estate Development is divided into 33 units. Other tenants include Lloyds the Chemist, Midland Bank and Holland & Barrett./P>
Chesterton advised Peer Group while Hillier Parker acted for ScotMet
EGi News 10/10/96
