The Lloyd's TSB Group Pension Trust and the Hill Samuel Property Unit Trust have funded the £25m town shopping centre that has opened in Weymouth.

The developer is Guy Shearer of Shearer Property Group. The development is fully let and has a net initial yield of 7%. It has two large retail stores, 11 shop units, a car park, a public house and a cinema, totalling 250,000 square feet with an average retail rent of £65-£75 per square foot.

Lloyd's Pension Trust and Hill Samuel fund shopping centre

Niki Natarajan

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