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SREIT sells trading estate

Schroders-generic-THUMB.jpegSchroder Real Estate Investment Trust has completed the sale of a pair of non income-producing assets for a combined £24.7m.

The company has sold the Reynards Trading Estate in Brentford, West London, for £20.2m to Notting Hill Home Ownership.

It has also completed the sale of a site at Coventry Road, Hinckley, Leicestershire, to Redrow Homes for £4.5m.

SREIT said it would recycle the proceeds of the sales into income-producing investments.

jack.sidders@estatesgazette.com

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