News

Sainsbury's-Anchored Project Sells For £12.1M In Brockley

Brockley, South East London
Courtesy of Boultbee LDN

Boultbee LDN sold all of its retail units and flats in its high street parade project in Brockley, South East London. Proceeds were £12.1M.

The 21k SF development at 180 Brockley Road included 25 apartments and a 4k SF ground-floor retail unit pre-let to supermarket chain Sainsbury’s. The sale price of the retail space reflected a net initial yield of 4.9%.

Boultbee LDN says it is scouring South East England for more investment opportunities, such as mixed-use projects and office refurbishments.

JLL advised on the sale of the retail units, Kinleigh Folkard & Hayward on the sale of the apartments.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's London Newsletters
Related Stories

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Bucks County Mall Closing As Owners Prepare Redevelopment Plans

Battersea Power Station Reveals Plans To Double Development Again

New Occupiers And More VC Money Fuel UK Life Sciences Rebirth

Canadian Firm Raises £680M For 6,000-Home UK BTR Push

Orega Completes PE-Backed Management Buyout: The London Deal Sheet

Starbucks Spending $1B To Turn Cafés Into Community Lounges

From Sector-Specific To Asset-Focused: Investment Strategies That Perform Today

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Retail Dynasty Pushes Button On Pair Of London Coliving Schemes

How Prologis Conquered The World

Thor Equities Reacquires Retail Portion Of Palmer House After Losing It To Foreclosure In 2023