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LondonMetric acquires £55 million portfolio from ACT Foundation
London Metric Property has acquired ten single let properties for £55 million (c. €62.54 million) from the ACT Foundation. The purchase price reflects a day one blended NIY of 4.4% and a reversionary yield of 5.3%. The portfolio consists of nine urban logistics assets totalling 340,000 sq ft and a…
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