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Widows takes the Gait

 


Invista REIM’s 300,000 sq ft Hermiston Gait retail park near Edinburgh is under offer to Scottish Widows for more than £66m, a 6.75% yield.


 


It was brought to the market in July for £63.5m, a 7% yield.


 


CB Richard Ellis advises Invista; Colliers CRE acts for Scottish Widows.


 


annabel.dixon@rbi.co.uk

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