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AEW UK REIT sells Clarke Road property for £2.8 million

AEW UK REIT has completed the sale of its industrial holding at Clarke Road, Milton Keynes, for £2,750,000 (circa £91 per sq ft), reflecting a 6.3% net initial yield (NIY).

The 30,262 sq ft industrial unit was acquired in October 2015 for £1,526,000 (circa £50 per sq ft), reflecting an 8.3% NIY....