Lumina buys Link Retail Park

Thu 24 January 2013, 5:29 pm

PRUPIM has sold Reading's Link Retail Park to Lumina Real Estate Capital for £13.2 million, it has emerged.

The development is currently home to branches of Matalan, Home Bargains, Magnet and Harveys, property website CoStar reported.

It said Lumina’s purchase price on the development reflected a net initial yield of 8.1 per cent.

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