Brief: AEW UK REIT Says Completed Sale Of Its Freehold High-Street Retail Holding

Aew UK Reit

09/10/2023 07:23

Oct 9 (Reuters) - AEW UK REIT PLC  AEWU.L :
    * SALE OF HIGH-STREET RETAIL ASSET IN PORTSMOUTH
    * COMPLETED SALE OF ITS FREEHOLD HIGH-STREET RETAIL HOLDING
AT
208-220 COMMERCIAL ROAD AND 7-13 CRASSWELL STREET, PORTSMOUTH
    * COMPLETED SALE FOR £3.9 MILLION, REFLECTING A NET INITIAL
YIELD
OF 9.9% AND A CAPITAL VALUE OF £251 PER SQ FT.

Source text for Eikon:  ID:nRSI0325Pa 
Further company coverage:  AEWU.L 

 ((Reuters.Briefs@thomsonreuters.com;))