Major Transaction: Johnstone Retail Park Sold for Nearly £8 Million
Thursday, 14 March 2024, 09:08
Johnstone Retail Park Acquisition
A Knight Frank property trust has finalized the purchase of Johnstone Retail Park for almost £8 million, showcasing a notable shift in the property market.
Transaction Details
- The deal was made with the operator of the site's Starbucks drive-thru, signifying a strategic investment in retail assets.
- The purchase underscores the attractiveness of prime retail locations and the potential for strong returns in the sector.
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