Canadian investor Talisker Realty Corporation has completed the acquisition of Wembley Central, the retail-led innovative mixed-use scheme in north London, from St Modwen for £36.5m, a 6% yield.
Wembley Central comprises 118,000 sq ft of retail, an 86 bedroom Travelodge hotel, 273 apartments and a 24 hour multi storey car park, built around Wembley Central mainline and underground station.
Tenants include TKMaxx, Tesco, Starbucks, Iceland, Argos EE and Costa.
KLM Retail were delighted to act for St Modwen.
Please contact Rupert Guy for further information.