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LondonMetric sells Travis Perkins distribution facility in Brackmills

LondonMetric Property Plc has exchanged on the sale of its 170,000 sq ft Travis Perkins distribution facility in Brackmills, Northamptonshire to CBRE Global Investors for £14.4 million, reflecting a NIY of 5.5%.

The property was acquired in November 2013 for £9.0 million with four months remaining...

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