Business

Eastleigh Works sold

By 2018-01-17T10:00:00

The Key Property Investments joint venture of St Modwen and Salhia Real Estate Co has sold Eastleigh Works.

UK: The Key Property Investments joint venture of developer St Modwen and Kuwait-based Salhia Real Estate Co has sold the 19 ha Eastleigh Works train maintenance and repair site to corporate pension fund clients of Savills Investment Management for £20·6m, a net initial yield of 8%.

You’ve reached your limit of content for the month

Get enhanced access to Railway Gazette news and weekly newsletters.

Register for free now