April 2019

West Ranga Property Group sell Timpson Unit in Broughty Ferry, Dundee.

West Ranga Property Group have today announced the sale of their holding at 211 Brook Street, Broughty Ferry, Dundee, to a private investor for an undisclosed price reflecting a net initial yield of 5.15%.

Purchased in February 2017, the sale delivered a profit on cost of 32.23% and a project IRR (geared) of 32.71%.

The sale was in line with Business Plan strategy and returns exceeded expectations.