News & Publications
Alder King acquires freehold investment of Almondsbury distribution unit
On behalf of TR Property Investment Trust Plc, property consultancy Alder King has acquired the freehold investment of a 53,115 sq ft prime distribution unit in Almondsbury, near Bristol, for £4.57 million reflecting a net initial yield of 6.71%. The property was acquired from Equity Partnership (Osprey) Ltd, represented by JLL.
Gloucestershire’s commercial development pipeline boosted with over 250,000 sq ft of new development
Gloucestershire’s commercial property market is helping to lead the South West out of recession, with an unprecedented volume of bespoke new development across the county. Close to 250,000 sq ft of new pre-let or speculative space is being developed in response to improving confidence, particularly in the manufacturing and engineering sectors, and the on-going shortage of available quality space.
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