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Orchard Street Investment Management (Real Estate)

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Orchard Street makes £35 million Hermiston Retail Park acquisition

Orchard Street makes £35 million Hermiston Retail Park acquisition

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has acquired Hermiston Retail Park in Consett, County Durham on behalf of St James’ Place UK Plc for £35.31 million from Aviva Investors. The purchase price reflects a net initial yield of 6.25%.

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Orchard Street Investment Management (Real Estate)

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