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Redefine International disposes of BMW showroom for €29.7 million

Redefine International has completed on the sale of the Sytner BMW showroom in High Wycombe for €29.7 million (£26.1 million) to a UK pension fund. The sale price reflects a net initial yield of 5.0% and a premium of 5.8% to the 28 February 2017 book value. The property was acquired in March 2016[…]