Another round of ALE?

With a low risk starting yield of 6.4% and the potential for a kicker in returns from a rent review in 2018 and 2028, Jason Prowd explains why we’re again drinking from the ALE cup.

The first recorded use of that confounding idiom ‘you can’t have your cake and eat it too’ is said to have been by Thomas Howard, 3rd Duke of Norfolk, in a letter to Thomas Cromwell. The Duke might have had three castles, but he obviously never owned a bakery.


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