Redevco buys in Bournemouth
Published: 03 May, 2011
Redevco has bought a block of prime multi-let retail properties at 56-76 Commercial Road, Bournemouth from a private Irish investor for £31m
The 53,518-sq ft property is let to a number of tenants including H&M and Zara. Part of the block was redeveloped in 2005 and Redevco plans to redevelop the remainder.
The properties are located in a prime position opposite Marks & Spencer and next to Primark on the pedestrianised section of Commercial Road.
JLL advised Redevco and Cushman &Wakefield and BTW Shiells represented the vendor.
