Edgerley Simpson Howe LLP

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Recent investment Transaction

LV= Asset Management sells out of Keighley Retail Park

24th February 2011

LV=Asset Management has sold the freehold interest in Keighley Retail Park, Keighley in West Yorkshire for £14.2 million reflecting a net initial yield of 6.25%. The scheme, which comprises 65,000 sq ft, is occupied by Currys, JJB, Comet, Halfords, Dreams, Brantano, Sleepmasters, Jollyes and KFC and benefits from an open A1 non food planning consent. After a competitve bidding process Henderson Globel Investors secured the property for their UK Property Unit Trust.