The portfolio includes the Chorlton Cross Shopping Centre in the affluent suburb of Chorlton-cum-Hardy as well as a smaller mixed-use asset on the Liverpool Road.

Chorlton Cross Shopping Centre is situated on a 2.5 acre site comprising a mixture of small retail units, office space and car parking.

The asset offers a net initial yield of 8.44% with significant potential for repositioning or redevelopment within a market where there is strong retailer demand.

At 9:38am: (LON:DSC) Development Securities share price was +1.13p at 146.38p

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