In November 2015, Riverside Capital investors purchased a portfolio of 19 geographically diverse properties throughout the UK, let to three Travis Perkins Plc operating companies. All let on new, 15 year leases with no breaks. Rent is reviewed
every five years to the higher of Open Market Value or annually compounded CPI, with a minimum of 1% per annum and a maximum of 3% per annum.
- Purchase date 11/2015
- Purchase price £32.25
- Net Initial Yield 6.13%