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Mon, 14th Sep 2020 07:07
Property investment group CLS Holdings has acquired the Reflex office building in the Berkshire town of Bracknell for £21.7m at an initial yield of 8%. In a short statement released on Thursday, CLS said the building, which is let to four tenants and generates rental income of £1.8m, hosts the Europ
Read moreInvestment group CLS Holdings said it had made a strong start to 2015, boosted by lower cost of borrowings and steady occupational demand. The FTSE 250 group said its overall vacancy rate was 4.8% of rental income on 12 May, a 1.8% increase compared with the end of 2014, after 4.421 square metres of
Read moreProperty group CLS Holdings has acquired a fully-let office in Munich for €24.4m (£18m). In a statement on Wednesday, the FTSE 250 company said the building, located in Unterfoehring, north east of Munich, generates a rental income of €2m. The building "provides an excellent long-term income stream
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