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Capreon sells Rylands Building in Manchester to AM alpha for £87m

Capreon has sold the Rylands Building in Manchester to AM Alpha for £87m million (c.€98m). The price reflects a net initial yield of approximately 5 per cent, and a capital value of approximately GBP185 per sq ft. The building is let in its entirety to Debenhams on a lease extending to 2039.The R...[…]
Photos: AM ALPHA