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AEW UK long lease REIT acquires nursery in Southampton

AEW UK Long Lease REIT has acquired a nursery property in central Southampton for GBP2.1 million (c. €2.4m), reflecting a net initial yield of 5.9 per cent.

The property, at 53 Victoria Road, was purchased by way of a sale and leaseback agreement with YMCA Fairthorne Group, a regional operation of...

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