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LondonMetric Property acquires two distribution warehouses for €18.8 million

LondonMetric Property Plc has acquired a regional distribution warehouse in Wakefield for €11.2 million (£9.5 million) and a last mile distribution warehouse in Dartford for €7.4 million (£6.3 million); reflecting a blended NIY of 5.8% and a reversionary yield of 6.4%. JLL acted for LondonMetr[…]