fbpx

Schroder Real Estate sells site to Barratt Developments

SREI : Schroder Real Estate sells site to Barratt Developments

Schroder Real Estate has sold a non income producing site in Wembley to Barratt Developments for £15.25m. Completion is set for 23 September. Schroder Real Estate says the deal will add 3.5% to its net asset value at 30 June 2014. The site has planning for 227,000 sq ft of residential and ancillary buildings.

The fund still owns the 74,000 sq ft Olympic Office Centre adjacent to the site.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…