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LondonMetric sells retail asset in Loughborough for €37.7 million
LondonMetric Property has sold its Morrisons food store in Loughborough for €37.7 million (£32.5 million), reflecting a NIY of 4.25%. LondonMetric acquired the asset for €19.5 million (£16.8 million) in 2010 at a NIY of 5.72% and recently completed a comprehensive refurbishment and 12,000 sq ft extension at a cost…
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