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InfraRed Urban Logistics Income Fund completes off-market acquisition

InfraRed Capital Partners Limited, on behalf of the InfraRed Urban Logistics Income Fund (IULIF), has completed the off-market acquisition of a 162,000 sq ft multi-let scheme at Mere Grange, St Helens, from Network Space for £17.6m reflecting a net initial yield of 5.50%.The asset comprises six bra...[…]