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Prime retail investment in Reading sold for £8.275m by DTZ27th June 2013

On behalf of DTZ Investment Management, BNP Paribas Real Estate has sold 38-39 Broad Street, Reading to clients of CBRE Global Investors for £8.275m, reflecting a yield of 6.1 per cent.

Situated in a prime position on Broad Street, the property totals 22,487 sq ft and is let to WH Smith Retail Holdings Limited with an unexpired term of just under ten years.

HP Four acted for CBRE Global Investors.


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