AEW UK REIT acquires mixed-use asset in Bath for £11.5m

AEW UK REIT acquires mixed-use asset in Bath for £11.5m

AEW UK REIT plc (LSE: AEWU) has announced the acquisition of a freehold, mixed-use asset in Bath city centre for £11,500,000, achieving a net initial yield of 8.0% and a capital value of £223 per square foot. The deal leaves the Company with approximately £3 million in remaining investable cash, edging closer to full deployment. […]