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Citivale JV acquires Scottish industrial portfolio for £11.5m
Citivale has continued their investment drive with real estate company Investcorp to buy a portfolio of five industrial units in central Scotland for £11.5m (c. €13.2m). The joint venture bought the fully-let 200,000 sq ft portfolio from Squarestone Growth. The sale reflects a net initial yield of 7.68 per cent.…
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