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Cording sells Manchester industrial estate to AEW for £6.3 million

Cording Real Estate Group has sold Kayley Industrial Estate near Manchester to AEW UK Core Property Fund for £6.3 million (c. €7 million), reflecting a net initial yield of 8.3%. Located at Richmond Street in Ashton-under-Lyne, the freehold multi-let Kayley Industrial Estate comprises 36 units, totalling 229,075 sq ft, on…