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NewRiver Retail acquires Cuckoo Bridge Retail Park in Dumfries

NewRiver Retail Limited has completed the acquisition of Cuckoo Bridge Retail Park, Dumfries off-market from a large listed property company for a total consideration of €26.2 million (£20.2 million). The acquisition equates to a net initial yield of 7.05%, an equivalent yield of 7.87% and a reversionary yield of 7.93%,…

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