17
MKS /MAY2014
Acquisition: TheMille,Brentford
PORTFOLIO REVIEW
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Postperiodacquisition inApril
2014 for£19.30m (£130psf)
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Rental income:
£1.57mpa / Initial yield7.7%
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96,560 sq ftofficebuildingand
adjoining site
Assetmanagement
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Significantpotential to capitaliseon the
building’sprominenceand the rental gains
spreading from central London
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Improve rents fromaverageof£15.00psf
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Improveadvertising revenue
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Investigate refurbishment / redevelopment
alternatives
