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LondonMetric acquires two last mile distribution warehouses for €13.8 million
LondonMetric Property has acquired two last mile distribution warehouses in Leeds for €13.8 million (£12.0 million), reflecting a blended NIY of 6.0% and a reversionary yield of 6.5%. LondonMetric was advised by Gent Visick. LondonMetric has acquired a new 100,000 sq ft warehouse on the Leeds ring road, close to…