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LondonMetric Property acquires two logistics warehouses for €54 million

LondonMetric Property has acquired two logistics warehouses for £47.6 million (€53.8 million), reflecting a blended NIY of 5.0% rising to a minimum of 5.6% after five years. The average lease length is over 18 years. At Ollerton in Nottinghamshire, the real estate company has agreed to acquire a[…]