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
20 November, 2024
UK
Topps Titles and Dulux take new lease at Zennor Trade Park in Balham
13 November, 2024
UK
Former Guardian Printworks site achieves practical completion.
12 November, 2024
UK
DTZ Investors sells Multi-let Industrial Estate in the West Midlands
5 November, 2024
UK
DTZ Investors welcomes a work experience student via The Land Collective
