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Mayfair Capital’s Property Income Trust for Charities acquires urban supermarket

Mayfair Capital’s Property Income Trust for Charities (PITCH) has acquired an urban supermarket property in North London for £12.7m, reflecting 3.54% net initial yield. The asset was sold by CBRE UK Property PAIF (UKPP), a fund managed by CBRE Global Investors.

The purpose-built supermarket, whic...

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