13 December, 2017
DTZ Investors acquires House of Fraser in Exeter
DTZ Investors has successfully acquired 32-35 High Street, Exeter for £9.15m, reflecting a 5.0% net initial yield.
The property, which occupies a prime city centre trading location, comprises a c.56,000 sq ft purpose built department store. The asset is let to House of Fraser in its entirety until 2038. Nearby retailers include Marks & Spencer, Tesco and Urban Outfitters.
The acquisition has enabled the Client to gain exposure to a prominent freehold interest in a strong retailing core.
CWM acted on behalf of DTZ Investors
Latest News
16 December, 2024
UK
DTZ Investors Acquires Anchor Retail Park, Mile End
11 December, 2024
UK
National Award Recognises DTZ Investors Vision For Printworks
4 December, 2024
UK
Works start on site at DTZ Investors' 106,498 sq ft new build industrial warehouse at Unit B Railway Triangle, Portsmouth.
20 November, 2024
UK
Topps Titles take new lease at Zennor Trade Park in Balham
