Bermondsey warehouse sold

Wed 21 November 2012, 1:46 pm

City & Provincial has sold an industrial investment in Verney Road, Bermondsey, to Custodian Capital.

The 22,085sq ft property, which is currently let to Constantine, was sold for £2.6 million, website CoStar reported.

It said the sale price reflected a net initial yield of 7.25%.

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