CLS Holdings Plc Completes The Acquisition Of Pacific House

  • Oct 14, 2019 BST
  • Team Kalkine
  • 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.

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