Standard Life Investments have sold the Junction One Retail and Leisure Park, Rugby to Premier Diversified Property Fund Plc for a price of £36 million. The purchase price reflects a NIY of 6.07%. The park is occupied by a combination of retail and leisure tenants including Currys, Boots, JJB Sports and Cineworld and extends to approximately 173,000 sq ft. Lewis and Partners acted on behalf of Premier Diversified Property Fund Plc and Standard Life Investments were advised jointly by Savills and Wilkinson Williams.
For further information please contact Paul Wilkinson
