Wilkinson Williams

Press Release

LaSalle Investment Management purchase three London DIY stores

Clients of LaSalle Investment Management have purchased three London DIY stores let to Homebase from British Land for a price of £37.50m, reflecting an overall net initial yield of 4.43% and an equivalent yield of 4.75%. The stores benefit from a mixture of Open A1 non food and bulky goods consents. Wilkinson Williams acted on behalf of the purchaser and Colliers CRE acted for the vendor.

For further information please contact Drew Moore

d.moore@wilkinsonwilliams.co.uk