Record Yield on Peterborough Sale

By July 2019 Transactions

ACRE Capital have achieved a record yield for the Peterborough light industrial market on the sale of Harrier Park on behalf of CBRE Global Investors.

The property is a multi-let industrial estate of five units, extending to approximately 92,600 sq ft, positioned in close proximity to Junction 17 of the A1(M) in Peterborough’s core industrial pitch.

The property was acquired by Royal London for £7,200,000, which reflects a record yield for the Peterborough light industrial market of 5.08%.

Location: Peterborough
Property Type: Multi-Let Industrial
Transaction Type: Sale
Client: CBRE Global Investors