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