- CLS Holdings Plc (CLI) has completed the acquisition of Pacific House in Reading for £14.9 million excluding costs.
- The acquisition is 92 per cent let to 7 tenants with a WAULT of 4 years and has a net initial yield of 7.3 per cent.
- The acquisition is currently leased at an average of £21 per sq. ft.
- On 14th October 2019, at the time of writing, GMT 08:06 AM, CLI shares were trading at GBX 251.50, down by 9.50 points or 3.64% against the previous day closing price.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.