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LondonMetric acquires £15m of long income roadside assets
LondonMetric Property has acquired £14.5 million of long income roadside assets, reflecting a NIY of 5.9% which rises to 6.6% after five years. The acquisitions comprise a portfolio of 18 highly prominent roadside carwashes, operating under the IMO brand, and a modern Co-op convenience store and petrol station in Wareham.…
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