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CLS Holdings acquires Pacific House in Reading

CLS has completed the acquisition of Pacific House in Reading, a 57,086 sq. ft (5,303 sqm) multi-let office building, for £14.9 million excluding costs. The acquisition has a net initial yield of 7.3%.

The building, which is located to the south of Reading, is 92% let to 7 tenants with a WAULT of 4...

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