Miss Selfridge store changes hands

CBRE Investors paid £7m to buy 12-16 Northgate in Chester, occupied by Miss Selfridge, from a joint venture of AEW Europe, Tristan Capital and Mountgrange Investment Management.

The Chester asset was part of a portfolio of three acquired in the same deal, totaling £15.3m. The other two buildings are in Chesterfield and Birmingham.

CBRE Investors was advised by King Sturge. Savills advised the joint venture.

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