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Orchard Street acquires prime estate in Altrincham, Manchester from Frogmore

Frogmore has completed the disposal of Stuart Road industrial estate in Altrincham to Orchard Street Investment Management for £9.15 million. The acquisition, which Orchard Street has made on behalf of St. James’s Place Property Unit Trust, reflects a net initial yield of 6%.

The 94,896 sq ft ass...

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