Craigard

Milton Keynes

SOLD APRIL 2019
Bought for: £3.025m.
Sold for: £5.675m.
The Asset: Well-located multi-let office building constructed in the 1990’s

Warning: Trying to access array offset on value of type null in /homepages/34/d4296083585/htdocs/wordpress/wp-content/plugins/js_composer/include/autoload/vc-shortcode-autoloader.php on line 64

Overview

The business plan was to explore a refurbishment and leasing strategy. Rent reviews and lease renewals were secured, void space was refurbished and then re-let creating a strong WAULT of 6.9 years.

Rental levels also materially increased during the hold. Given the strength of the market in 2019 and the profile of the investment an exit was secured at nearly double the acquisition cost.

Contact Us

contact
01489 880100
info@craigard.biz
1650 Parkway, Solent Business Park, Whiteley, PO15 7AH
Thank you!. Your message is successfully sent...
We're sorry, but something went wrong
© Craigard Property Trading Limited 2021
All Rights Reserved.
Privacy Policy