Issue 2013 February 26th

This issue was created on 2013-02-26 14:35:00

  • New REIT snaps up UK retail warehousesFebruary 26, 2013
LondonMetric, the new company formed from the merger of London & Stamford Property and Metric Property Investments, has completed the acquisition of a portfolio of six retail warehouse assets for a total of €108 million. The UK REIT said the deal reflects an average net initial yield after purchase costs of 7.8%.
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