AEW UK Long Lease REIT plc ("the Company") is pleased to announce the acquisition of an industrial asset in Hoddesdon, Hertfordshire for £4.8m. The acquisition, which completed on the 28 December, reflects a net initial yield of 5.9% and provides a lease term of 32 years to expiry and 14 years to break.
Local business Ambitions
On Monday 14 November, almost a hundred entrepreneurs gathered at the Ambition 2016 Conference in Hoddesdon to learn how the right branding and marketing will help their business grow. Organised by a collaboration of local companies, media and organisations, Ambition 2016 provided world leading expertise for local SMEs to give them the marketing tools they need in order to do better business.