On behalf of a private pension fund, Red Kite has bought 15 Dudley Street, Wolverhampton.
This property is now let to EE LTD for a term of 15 years starting from 21st May 2007 at a current rent of £125,000p.a. on a full repairing and insuring lease.
Red Kite will asset manage the lease renewal at expiry.
Fawcett Mead acted on behalf of the vendor and London & Lothian Group acted on behalf of Red Kite.