Building 1100, Arlington Business Park, Theale
Published 13th April 2015
Property-Good quality Grade B offices
Floor Area-33,000 sq ft
Purchase Price-c. £8.86m
Claymore Role-Acquisition & asset management
Claymore Group, has acquired a 33,000 sq ft office investment let to KPMG for around £8.86m representing a very attractive net initial yield of 8.3% with a term certain of around 5 years.
The property is in a prime Thames Valley location close to J12, M4 on the Arlington Business Park, Theale approx 2 miles from Reading.
Duncan O'Neill, Director at Claymore, said:"Claymore is delighted to have been able to acquire an office investment of this quality in the Thames Valey at such an attractive initial yield for our clients." Claymore has acquired around £30m of assets in the past 3 months.