PropertyEU

M&G buys Amazon shed in the UK for €144m

By Virna Asara 2022-01-21T00:00:00

peterborough

M&G Investments has emerged as the buyer of a 736,708 sq ft (68,500 m2) prime distribution unit in Peterborough, UK from Fiera Real Estate UK. The asset was sold for £120 mln (€144 mln), reflecting a net initial yield of 3.2%.

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