PropertyEU

LondonMetric sells UK warehouse portfolios at 5.9% yield

By a staff reporter 2018-04-12T00:00:00

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UK REIT LondonMetric Property has sold four distribution and two industrial warehouses in the latest in a series of transactions. The six assets were divested for a total of £36 mln (€41 mln), reflecting a blended net initial yield of 5.9%.

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