Purchase of Property

RNS Number : 2685M

F&C UK Real Estate Investments Ltd

14 July 2014

 



To:                   RNS

From:              F&C UK Real Estate Investments Limited                             

Date:               14 July 2014

F&C UK Real Estate Investments Limited ('FCRE')                    

Purchase of Glory Park, High Wycombe

On 10 July 2014, IRP Holdings Limited, a subsidiary of FCRE, completed the purchase of an office in High Wycombe for £6.97 million, at an initial yield of 7.0 per cent. The office will be let to Takeda UK Ltd for 10 years at £341,825 per annum and let to Aptiv for 5.5 years at £175,615 per annum.

All Enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1  3QL

Tel: [phone]

Fax: [phone]

Ian McBryde

Scott Macrae

F&C Investment Business Ltd

Tel: [phone]

Fax: [phone]

 

END

 

 

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