Wednesday 07, July 2010 by
Gatehouse buys property in Leeds, UK
Working closely with sister company GSH Kuwait, Gatehouse says the purchase represents a unique investment opportunity for its GCC investor clients, providing an average cash yield of 9.1 per cent per annum net of all fees, costs and local taxes, with distributions to be paid monthly over a three-year investment period. The acquisition is a six storey Grade A office property that is fully let to British Telecommunications. The property is let until September 2020.
