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London Suburb Investment Purchase

Client: AXA Investment Managers
On behalf of AXA REIM, MMX Retail acquired the long-leasehold interest of 57A Kingsland High Street, Dalston in east London.
Dalston Kingsland

The Brief

On behalf of AXA REIM, MMX Retail acquired the long leasehold interest of 57A Kingsland High Street, Dalston in east London.

The property occupies a prominent location adjacent to Dalston Kingsland Station and is let to Marks & Spencer on a 20-year term, which is reviewed every five years on an RPI basis.

Key Stats

£7,878,000
Price
£375,000
Rent
4.00%
Net Initial Yield

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