Quorum adds to office portfolio
Date added:
18/11/2014
WILMSLOW property firm Quorum has bought three buildings for £5.5m. It has acquired a 26,000 sq ft office building at Cheadle Royal Business Park in south Manchester from Railway Pension Nominees for £4.4m, reflecting a net initial yield of 8.45 %. The three storey building, known as Lakeside 5500, is fully let to Agilent Technologies and Micron Europe who occupy 17,100 sq ft and 8,800 sq ft respectively. Quorum has also acquired two adjacent buildings, Metro House and Chester House, in Dane Road, Sale form a private invest....
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