Annual Dividend Per Share
ESKMUIR ACQUIRES CATHEDRAL RETAIL PARK, WAKEFIELD
May 2017 – Eskmuir has purchased Cathedral Retail Park, Wakefield in West Yorkshire from Royal London Asset Management for £19.43 million.
Located in the heart of Wakefield’s retail warehousing district, Cathedral Retail Park is fully let to eight tenants including B&Q, McDonald’s, Argos, Dunelm, Office Outlet and Brantano across 112,605 sq ft (10,461 sq m) of space.
Eskmuir was attracted by the diverse tenant mix and the mix of national and multinational brands backed by strong covenants which we anticipate will deliver good income returns on behalf of our investors.
Paul Hodgson, Managing Director at Eskmuir Properties commented:
“This purchase was a clear fit for our established investment strategy and we were attracted by its strong fundamentals with its position at the edge of the city, and at the centre of Wakefield’s retail and leisure park cluster.
“The park’s mix of quality tenants offers attractive opportunities for us to deliver value and healthy income for our investors and to take advantage of future asset management opportunities in the longer term.”
Eskmuir invests £11m at Grosvenor Centre, Macclesfield
September 2016 – Eskmuir Securities is undertaking a major refurbishment of the Grosvenor shopping centre in Macclesfield, representing an £11m investment in the town centre.
As part of Eskmuir’s investment plan for the centre, the development will see the creation of a total of 51,810 sq ft of new retail space, divided into larger format units which appeal to modern retailers’ needs.
Paul Hodgson, Managing Director, Eskmuir commented: