Grosvenor Square Properties buys Cardinal Distribution Park from Vanbrugh Land for £7.4m

Grosvenor Square Properties has acquired a shed and adjacent development land at Cardinal Distribution Park in Huntingdon, Cambridgeshire, from Vanbrugh Land for £7.4m. The deal reflects a net initial yield of 8.25%.

The 11,540 sq m (124,250 sq ft) warehouse