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Metric Property Exchanges New Carpetright lease at Airport Retail Park, Coventry and Commences Lidl Unit at Damolly

Nov 15 2010

Metric exchanged contracts with Carpetright plc on a 8,500 sq ft unit at its Airport Retail Park, Coventry for a new 10 year lease at a headline rental of £17.50 psf on the remaining vacant unit on the scheme. At Damolly Retail Park, Newry Metric announces that following receipt of full planning permission, constructin has now commenced on a new 14,000 sq ft Lidl food store on land adjoining the existing retail park. Lidl has exchanged a new 15 year lease at a headline rental of £15.75 psf with trading expected to commence in March 2011.

The full announcement can be found in the attached file.

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