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MLIPUT acquires Altrincham’s Stag industrial estate for €8.44 million
Schroders’ Multi-Let Industrial Property Unit Trust (MLIPUT) has purchased Stag Industrial Estate, an 80,246 sq ft, 24 unit scheme, on Atlantic Street in Altrincham. The estate has been sold on behalf LaSalle IM, to MLIPUT for €8.44 million (£7.525 million), reflecting a net initial yield of 5.89%. Cushman & Wakefield…
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