Metric makes seventh acquisition in the UK

By A staff reporter 2010-11-17T00:00:00

Metric Property Investments has carried out its seventh acquisition with the purchase of Wick Retail Park in northeast Scotland for £10.3 mln (EUR 12 mln), reflecting an initial yield of 6.5%. Metric, a specialist retail real estate investment trust (REIT), will use its existing cash resources to finance the purchase.

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