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Article: Brixton sells Camberley estate for GBP35.1m.

Article from:
M2 Presswire
Article date:
May 3, 2006
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M2 PRESSWIRE-3 May 2006-Brixton plc: Brixton sells Camberley estate for GBP35.1m(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:02052006

Brixton plc has sold Watchmoor Point in Camberley, Surrey for GBP35.1m to Legal & General Assurance Society. The sale of the 214,000-sq ft estate reflects an initial yield of 5.44%, and a 6% enhancement on the December 2005 valuation.

Comprising 5 industrial units and a single office building, the estate was developed by Brixton in 2000 and is let to tenants including Dowding & Mills, Premium Aircraft Interiors and ThyssenKrupp Materials. Units ...

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