LV=Asset Management sells out of Keighley RP

LV=Asset Management has sold the freehold interest in Keighley Retail Park, Keighley in West Yorkshire for £14.2 million

LV=Asset Management has sold the freehold interest in Keighley Retail Park, Keighley in West Yorkshire for £14.2 million reflecting a net initial yield of 6.25%. THe scheme, which comprises 65,000 sq ft, is occupied by Currys, JJB, COmet, Halfords, Dreams, Brantano, Sleepmasters, Jollyes and KFC and benefits from an open A1 non food planning consent. After a competitvie bidding process Henderson Globel Investorst secured the property for their UK Property Unit Trust. (Feb 2011)