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Real Estate Investors buys in Walsall

Revenue up 6.4% at Real Estate Investors

RLE : Real Estate Investors buys in Walsall

Real Estate Investors has taken the size of its property portfolio past the £100m mark with the acquisition of 59/75 Park Street Walsall for £7.7m. The parade of shops is let to a variety of tenants including Wallis Retail, Burton, Superdrug Stores, BHS Limited and Waterstones Booksellers Limited.

The rental income on the property is £814,312 per annum and it has a weighted average unexpired lease term of 5.1 years.

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