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LondonMetric acquires three urban logistics warehouses for €27.4 million

LondonMetric Property has acquired three separate urban logistic warehouses in Crawley, Coventry and Huyton for €27.4 million (£23.9 million). The purchase price reflects a blended yield of 6.0% and a reversionary yield of 6.8%. The WAULT is 11.7 years. At Crawley, LondonMetric has acquired a 51,000 sq ft warehouse located…

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