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Schroders’ Regional Office Property Unit Trust acquires two offices in Leeds

The Regional Office Property Unit Trust, advised and managed by Schroder Real Estate, has acquired 1 East Parade and 8 St Paul’s Street in Leeds city centre from BMO for €14.5 million (£12.7 million). The price reflects a net initial yield of 6.75% with a reversion to over 9% and a capital valu[…]