August 2007
London & Associated Properties plc advised by GCW has sold the Saxon Square Shopping Centre in Christchurch to RREEF UK Property Ventures Fund No 3 for £20.5 million.
The deal reflects a net initial yield of 5.05%. The Centre comprises approximately 103,000 sq ft of retail with stores including Somerfield, New Look, Dorothy Perkins, WH Smith, Argos and Boots.
David Gooch
020 7647 4808
david.gooch@gcw.co.uk