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Recent investment Transaction

SWIP sell Wickes in Radford Road, Coventry - August '12

20th September 2012

Scottish Widows Investment Partnership have sold a 33,500 sq ft retail warehousing unit let to Wickes Building Supplies Limited. The property was sold for £5.872m reflecting a net initial yield of 7.25%. The property is let to Wickes for a further 15 years. Edgerley Simpson Howe acted for Scottish Widows Investment Partnership and Harvey Spack Field acted for CBRE Global Investors.