Acquisition
11 4월 2003 - 2:07AM
UK Regulatory
RNS Number:9164J
Westbury Property Fund Limited
10 April 2003
Westbury Property Fund Limited
10 April 2003
Acquisition of Property
The Westbury Property Fund Limited announces that it has exchanged contracts on
the acquisition of The Whitbread Centre, Hedge End, Southampton, for a cash
consideration of approximately #7.86m.
The property has been acquired on a net initial yield of 7.5% and comprises a
113,207 sq ft. distribution unit and ancillary office accommodation let to
Interbrew SA for 11 years.
This acquisition is in line with the Westbury Property Fund objective to have a
diversified and regionally balanced commercial property portfolio let to good
covenants on long leases.
For further information please contact:
Richard Burrell 020 7929 0234
Westbury Property Fund Limited
This information is provided by RNS
The company news service from the London Stock Exchange
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