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NewRiver and Bravo acquire Poole Retail Park for £44.7m
A joint venture between NewRiver and Bravo Strategies III have exchanged contracts to acquire Poole Retail Park in Dorset from LS Poole Retail Limited for total consideration of £44.7 million, reflecting a net initial yield of 8.0%.
NewRiver will hold a 10% interest in the asset (NRR share: £4.5 mi...