Henderson sells Leeds Retail Park for 6.15% yield

Henderson Global Investors' Retail Warehouse Fund has sold its Junction 27 Retail Park in the UK city of Leeds to the UK Commercial Property Trust for £56.63 mln (about EUR 63 mln). The sale to the UK's largest UK commercial property investment trust reflects a net initial yield of 6.15%. The park forms part of a dominant regional retail location considered to be one of the Top 5 Retail Warehouse locations in the UK.

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