Craigard's Landmark Spectrum Project is Sold in £7million deal
One of Craigard’s iconic buildings, Spectrum, has been sold to a to private family investment fund at an initial yield of 6.82%.
One of Craigard’s iconic buildings, Spectrum, has been sold to a to private family investment fund at an initial yield of 6.82%.
Craigard has secured a successful lease renewal and rental review within its office building, Spectrum, increasing the rental tone and extending existing commitment at this popular office.
Craigard has purchased the SIG Unit in Budlake Road, Exeter for £1.4million. With an initial yield of just over 8% this is a well bought opportunity in, at present, a very heated industrial investment market.
Following from the purchase of the Trellborg Unit in 2015, Craigard’s sights have again been set on Bridgwater with the purchase of a 38,505 sq ft warehouse complex on 3.9 acres of warehousing and yard land on the Bristol Road.
Craigard has secured the letting of its last remaining vacant unit at the Swingbridge Industrial Estate.
Craigard has sold its Eskan Court building in Milton Keynes for £5.675million to Worthing Borough Council, representing an initial yield of 6.6%.
Commercial property specialist Craigard has sold the Trelleborg Unit at Bridgwater for £2.82million representing a 7.5% initial yield.
Craigard’s Eskan Court office, located in Milton Keynes, has achieved a new rental tone and a bright future for its investors with existing tenant Alliance Automotive signing up to lease 75% of the building until 2027.
At a recent Guernsey Launch Event, Hampshire-based commercial property asset manager Craigard made a handsome donation to CLIC Sargent which went towards a new 'Home from Home'.
Craigard has acquired Imperial House in Southampton and the International Tin Association Building on Curo Park in St Albans - both within a week. These two acquisitions are at the opposite ends of the risk profile and demonstrate the diversity of the Craigard Business Model. But each have considered business plans to appeal to differing investor aspirations.