Ediston Property Investment Company plc acquires Citygate office building in Newcastle for £18.95 million

Edinburgh, Scotland, 2016-Feb-08 — /EPR Retail News/ — Ediston Property Investment Company plc has acquired Citygate, a modern office building in Newcastle, for £18.95 million (net of acquisition costs) from Hanro Limited. The purchase reflects a net initial yield of 6.57% and will be funded from a combination of cash resources and an increase of £12.42m […]