Town Centre Securities Prime Multi Let Industrial Acquisition

The high quality multi-let industrial estate is strategically located in the prime industrial and distribution of Leeds with excellent access to the national motorway network.

Constructed in the late 1990�s the property comprises three detached warehouse buildings totalling 77,400 sq. ft.

The units were purchased for �4.48 million, reflecting a net initial yield of 7.25%.

Edward Ziff, Chairman and Chief Executive of Town Centre Securities commented, �Working with leading sector specialists, Gent Visick, we are delighted to have concluded this acquisition. The property is a logical and complementary diversification for our existing portfolio.""