Standard Life sell St Edmundsbury Retail Park

Edgerley Simpson Howe advised Standard Life in the sale of St Edmundsbury Retail Park, Bury St Edmunds. The scheme was built in the late 1980’s and is currently let to Homebase, Carpetright, Dreams and Pets at Home at £10-£20 psf expiring in 2014 to 2026.

The scheme was bought for £18,665m at a yield of 6.89% by Knight Frank Investors on behalf of Lancashire County Council Pension Fund.