Berkshire Court, Bracknell consists of two office buildings totalling 48,606 sf and is let to Pace Micro Technology, Accenture and Premier Prison Services on terms expiring between 2009 and 2012. The properties provide a rental income of £1.3 million ($2.3 million) per annum.

And Madford Retail Park, Stafford comprises 77,709 sf of mixed-use accommodation and tenants include Currys, Tiles R Us, Wickes and Lidl. The park produces a current rental income of approximately £830,622 ($1.5 million) per annum.

Strutt & Parker represented the purchaser and Savills Fund Management the vendor.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

International
Office