CBRE buys town's main W H Smith

Tue 2 July 2013, 4:46 pm

CBRE Global Investors has bought Reading's town-centre branch of W H Smith for £8.3 million, according to reports.

The block, at 38-39 Broad Street is let to the news and books chain for 10 more years, Estates Gazete repororted.

It said the sale reresented a 6.1 per cent yield.

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