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AEW UK REIT buys Dewsbury retail park for £4.7m

AEW UK REIT to announce the acquisition of the 6.04 acre Railway Station Retail Park in Dewsbury for a price of £4,7m. The purchase price reflects a low capital value of only £82 per sq ft and provides an attractive net initial yield of 9.4%.

The park is fully let with a low average passing rent of...

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