820-832 Finchley Road, Temple Fortune, London
44-48 High Street, Beckenham
185 High Street, Rickmansworth
Parkdales jointly acquired these three prime food stores, in London, Beckenham and Rickmansworth, on an off-market basis for a UK fund for a total consideration worth £27.75 million, blended NIY of 3.41%.
All the stores had circa nine years remaining on the lease with annual uplifts.