Thursday, 6 January 2011

Reading's Adelphi House bought by F&C Reit | Online | Property Week

Reading's Adelphi House bought by F&C Reit | Online | Property Week

F&C Reit has bought Adelphi House in Reading for its UK Property Fund. The 29,792 sq ft office building was bought for £7.29m at a net initial yield of 7.65%.

The building is let to the Secretary of State for Communities and Local Government, trading as Job Centre Plus, until June 2018.

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