Acquisition — Avignon Capital acquires three retail assets in Croydon for £6.05m
Avignon Capital has acquired three prime retail assets in Croydon for £6.05m, which represents a net initial yield (NIY) of c.5.33%. The three retail units are located on North End, a popular pedestrianised street in the centre of Croydon, let to retailers Pandora, Costa Coffee and Carphone Warehouse with additional residential flats let on AST’s above.
