London-based Orchard Street Investment Management has purchased industrial property complex Cobbett Park in Guildford, UK on behalf of a pension fund client. The investment volume of £19 mln (EUR 24 mln) reflects a net initial yield of 6.16%. The vendor was Legal & General Property's Industrial Property Investment Fund (IPIF).
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
