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yields have fallen from 10 per cent to 9. 3 per cent in the year to 1998Q1 and the gap between industrial yields and office and retail yields is at its lowest since the early 1990s now on a par with inflation at 4 per cent pa. Strong investor interest remains in the sector, particularly in the south .has purchased Angel Walk Shopping Centre, Tonbridge, Kent for £3 million reflecting an initial yield of 9% John De Stefano said This purchase complements geographically our other shopping centres in Bromley Southampton and Winchester and suits our direct management style. 92% of the income is from major covenants and all rents are due for review Clive Wood of Nelson Bakewell commented It provides an ideal opportunity for London & Henley to purchase an excellently located shopping centre at an attractive initial yield The centre provides a natural thoroughfare linking the prime High Street to the Sainsbury and Bentalls stores behind.



The 1,717 sq m (18,479 sq ft) shopping centre is let to 11 tenants including Superdrug Lunn Poly, Halifax Building Society GNC and Post Office Counters producing £284,000 per annum with all leases having at least ten years unexpired terms Zone A's range between £323 per sq m (£30 per square foot) and £462 per sq m (£43 per square foot).

After lengthy battles with the magistrates on appeal Yates Wine Lodges manage to obtain their appropriate licensing and have now opened their unit which comprises a ground and first floor totalling 3,944 sq ft on the ground floor with 4,476 sq ft at the first floor level . House valuations perth clears your dilemma in regards to your property if you want to buy a new one or sell the old one or make improvements to the old one, carrying out valuations make it easier for you. Mama Amalfi have now been trading in their unit which comprises 4,510 sq ft which they took on a 25 year lease at £85,000 per annum exclusive.

Units 1 & 4 are under offer. This is a unit comprising approximately 11,200 sq ft divided almost equally between ground and first floors where the rental is £175,000 per annum exclusive Sanfield Properties Ltd are being represented by Hammond Philips and Shelley Sandzer & Company.

the Schroder Exernpt Property Unit Trust to regenerate Bracknell town centre, has been informed of the sale by the Commission for New Towns of Sites C,D and E in Bracknell to Legal & General Both the BRT proposals for the regeneration of Bracknell town centre and Legal & General's cornpeting scheme for a regional shopping rnall are currently the subject of a Public Inquiry to be held later this year Commenting, Michael Ingall, property director of ALP said.