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LondonMetric Property sells B&Q retail store for £12 million

LondonMetric Propertyt in a joint venture with Universities Superannuation Scheme Ltd (the Metric Income Plus Limited Partnership) has sold a B&Q warehouse in Hull for £11.6 million (c. €13.1 million)(LondonMetric share: £5.8 million or c. €6.6 million), reflecting a blended NIY of 6.0%. MIPP was advised by Knight Frank.…

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