BourneEnd Properties - Acquisition of Interest
1999年12月20日 - 4:02PM
RNSを含む英国規制内ニュース (英語)
RNS Number:7794C
Bourne End Properties PLC
20 December 1999
BOURNE END ACQUIRES 50% INTEREST IN HOUNSLOW SHOPPING CENTRE FOR #15.5m
Bourne End Properties plc ("Bourne End"), today announces that it has
exchanged contracts to acquire a 50% interest in the 280,000 sq ft Treaty
Centre, Hounslow from Taylor Woodrow Property Company Limited for #15.5m cash,
reflecting a net initial yield of 7.6%.
Bourne End is acquiring 135 year leasehold interest in the centre. The head
lessee is Eagle Star.
Developed in 1985 the fully let centre is anchored by a Debenhams department
store together with national multiples including Superdrug, Lloyds TSB,
Wilkinsons, Arcadia, Thomas Cook, River Island and Clinton Cards. The property
also includes a 700 space multi-storey car park.
Currently the Treaty Centre generates net annual rents of approximately #2.5m
of which Bourne End will receive approximately #1.25m.
David Roberts, Bourne End's Chief Executive, said: "We are delighted to have
acquired this 50% interest in the Treaty Centre and aim to increase both the
income stream and capital value. As a result of this acquisition our nine
shopping centres now account for more than 75% of our total property
investment portfolio."
Contact: David Roberts, Chief Executive,
Bourne End Properties Tel: 0171 631 4500
Baron Phillips,
Baron Phillips Associates Tel: 0171 224 1302
END
ACQFFFFUUUUUFSE
Bourne End Prop (LSE:BEP)
過去 株価チャート
から 1 2025 まで 2 2025
Bourne End Prop (LSE:BEP)
過去 株価チャート
から 2 2024 まで 2 2025
Real-Time news about Bourne End Prop (ロンドン証券取引所): 0 recent articles
その他のBourneend Propertiesニュース記事