Newcore Capital Management, a real estate investment manager, has exchanged contracts to buy a three-acre surface parking site in the centre of Derby for £6.05m.
Newcore’s Strategic Situations II, a £25m opportunistic fund, is acquiring the site on the corner of Traffic Street and Siddals Road from Speeds at a net initial yield of 7.15%. The site is mainly used for car parking but Newcore said it has significant development potential.
Normal
0
...
+97% more
TransportXtra is part of Landor LINKS
© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved
Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959
Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855
Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861
Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865
Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875
Privacy Policy | Terms and Conditions | Advertise
Web design london by Brainiac Media 2020
