LaSalle Investment Management has bought a 30,000 sq ft retail warehouse on Beckenham Hill Road in Catford for £11.8 million, reflecting a net initial yield of 5.95%. The building, let to Homebase until 2025 at a rent of £25.00 per sq ft, was sold by PRUPIM. Wilkinson Williams acted for LaSalle Investment Management. CWM advised PRUPIM.
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