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Londonmetric purchases distribution warehouse development for £24 million
LondonMetric Property is set to purchase and fund a new 232,000 sq ft distribution warehouse for £24.0 million (c. €26.3 million), reflecting a yield on cost of 5.2%. The warehouse has been pre-let to Croda, a FTSE 100 speciality chemical company, on a 20 year lease at a rent of…
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