Sirius Real Estate has agreed to acquire Chalcroft Business Park in Southampton for £36.5m, reflecting a net initial yield of 5.5%, as well as an adjacent 4.5-acre development site for £4m with outline planning permission.
The acquisitions
Sirius Real Estate has agreed to acquire Chalcroft Business Park in Southampton for £36.5m, reflecting a net initial yield of 5.5%, as well as an adjacent 4.5-acre development site for £4m with outline planning permission.
The acquisitions