L&G snaps up €286m UK industrial portfolio at 6.5% yield

By Virna Asara 2014-12-15T00:00:00

Legal & General Property (LGP) has acquired the Ocean industrial portfolio - including Fradley Park - in the UK cathedral city of Lichfield for £226 mln (€286 mln), representing a net initial yield of 6.50%.

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