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Oxenwood sells Kia Motors facility in north east of England for €27.8m

Oxenwood Real Estate has sold a prime logistics facility in the north east of England for £24.6 million (c.€27.8m), reflecting a net initial yield of 5.40%.The 87-acre facility at Kiln Lane Industrial Estate in Immingham, which is Kia Motors UK’s sole UK vehicle import-export site, has been sol...[…]