F&C Commercial Property : FCPT – acquisitions

Back in 2012, F&C Commercial Property entered into a forward agreement to buy four pre-let office buildings in Aberdeen – once construction had finished. Two blocks were ready in March and F&C Commercial Property has just announced that it completed on the other two on 17 April. The total cost of the 300,000 sq. ft. complex was £95.4m. This equates to a net initial yield of 6.8%.

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